1.  If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:

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Terms Used In Nevada Revised Statutes 104.8206

  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039

(a) Any person may complete it by filling in the blanks as authorized; and

(b) Even though 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 though fraudulently, remains enforceable, but only according to its original terms.