Section 8-206 - Completion or alteration of security certificate. - Maryland Statutes

§ 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. 
 

[1996, ch. 92, § 2.]