Current through the 2024 Fourth Special Session
Section 70A-8-206 - Completion or alteration of security certificate(1) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:(a) any person may complete it by filling in the blanks as authorized; and(b) 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.Repealed and Re-enacted by Chapter 204, 1996 General Session