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Oregon · Through 2025 Edition

ORS 78.2060: Completion or alteration of security certificate.

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Where this section sits in the code
  1. 02 - Business Organizations, Commercial Code
  2. 8. Commercial Transactions
  3. Chapter 78 — Investment Securities

(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.

Collected 2026-09-03T23:50:11Z. Source file · JSON

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