Ark. Code § 4-8-206

Current with legislation from 2024 effective through May 3, 2024.
Section 4-8-206 - 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.

Ark. Code § 4-8-206

Acts 1995, No. 425, § 1.