Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 47-8-206 - Completion or alteration of security certificate — Tennessee Law | CourtGPT
  1. Home/
  2. Laws/
  3. Tennessee/
  4. Title 47 - Commercial Instruments and Transactions/
  5. Chapter 8 - Investment Securities/
  6. Part 2 - Issue and Issuer/
  7. Section 47-8-206 - Completion or alteration of security certificate
Tennessee Legal Code

Section 47-8-206 - Completion or alteration of security certificate

Ask AI about this
(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. Acts 1997, ch. 79, § 1.