Tenn. Code § 47-8-206

Current through Acts 2023-2024, ch. 1069
Section 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:
(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.

T.C.A. § 47-8-206

Acts 1997, ch. 79, § 1.