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The Florida Senate

2010 Florida Statutes

F.S. 678.2061
678.2061

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.

History.

s. 2, ch. 98-11.