Completion or Alteration of Security Certificate

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  1. 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.
  2. A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms.


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