(a) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:
Any person may complete it by filling in the blanks as authorized; and
Even if the blanks are incorrectly filled in, the security certificate as completed isenforceable by a purchaser who took it for value and without notice of the incorrectness.
(b) A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms.
Source: L. 96: Entire article R&RE, p. 218, § 2, effective July 1.
Editor's note: This section is similar to former § 4-8-206 as it existed prior to 1996.