ORS § 78.2060

Current through 2024 Regular Session legislation effective June 6, 2024
Section 78.2060 - 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.

ORS 78.2060

1961 c.726 § 78.2060; 1985 c.676 § 78.2060; 1995 c.328 §22