Oregon Statutes 78.2060 – Completion or alteration of security certificate
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(1) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:
Terms Used In Oregon Statutes 78.2060
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(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. [1961 c.726 § 78.2060; 1985 c.676 § 78.2060; 1995 c.328 § 22]