Tennessee Code 47-8-206 – 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:

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Terms Used In Tennessee Code 47-8-206

Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105

(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.

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Tennessee Code 47-8-206 – Completion or alteration of security certificate

Terms Used In Tennessee Code 47-8-206

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