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N.D. Cent. Code § 41-08-22

(8-206) Completion or alteration of security certificate

Known as the Uniform Commercial Code

The act spans §§ 41–41 (597 sections).

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.

Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.