400.8-206. Completion or alteration of security certificate. - Missouri Statutes

Completion or alteration of security certificate.

400.8-206. (a) If a security certificate contains the signaturesnecessary to its issue or transfer but is incomplete in any other respect:

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

(2) Even if the blanks are incorrectly filled in, the securitycertificate as completed is enforceable by a purchaser who took it forvalue 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 itsoriginal terms.

(L. 1963 p. 503 § 8-206, A.L. 1992 S.B. 448, A.L. 1997 S.B. 6)