Completion or alteration of security certificate

Checkout our iOS App for a better way to browser and research.

    (a)    If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:

        (1)    Any person may complete it by filling in the blanks as authorized; and

        (2)    Even if the blanks are incorrectly filled in, the security certificate as completed is enforceable 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.


Download our app to see the most-to-date content.