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2009 Florida Statutes

Section 678.2061, Florida Statutes 2009

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.