Title 6A
Uniform Commercial Code
Chapter 8
Investment Securities
Part 2
Issue and Issuer
R.I. Gen. Laws § 6A-8-206
§ 6A-8-206. Completion of 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.
History of Section.
P.L. 2000, ch. 182, § 5; P.L. 2000, ch. 420, § 5.