N.J. Stat. § 12A:8-206

Current through L. 2024, c. 62.
Section 12A: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.

N.J.S. § 12A:8-206

L. 1997, c. 252, s. 1.