2017 New Jersey Revised Statutes
TITLE 12A - COMMERCIAL TRANSACTIONS
Section 12A:8-206 - Completion or Alteration of Security Certificate.
12A: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.