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This entry was published on 2014-09-22
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Completion or Alteration of Security Certificate
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 8, PART 2
Section 8--206. Completion or Alteration of Security Certificate.

(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.