N.Y. Uniform Commercial Code Law § 8-206: Completion or Alteration of Security Certificate

Section 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.