(a) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in another respect,

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Terms Used In Alaska Statutes 45.08.206

  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
(1) a 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 takes 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.
(c)[Repealed, Sec. 68 ch 17 SLA 1996].
(d)[Repealed, Sec. 68 ch 17 SLA 1996].
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