N.D. Cent. Code § 41-08-22

Current through 2023 Legislative Sessions
Section 41-08-22 - (8-206) Completion or alteration of security certificate
1. If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:
a. Any person may complete it by filling in the blanks as authorized; and
b. 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.
2. A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms.

N.D.C.C. § 41-08-22