Ind. Code § 26-1-8.1-206

Current through P.L. 171-2024
Section 26-1-8.1-206 - Enforceability of incomplete or incorrect 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.

IC 26-1-8.1-206

As added by P.L. 247-1995, SEC.10.