Oregon — State Statute

Oregon Revised Statutes Chapter 78 § 78.2060 — Completion or alteration of security certificate

Oregon Revised Statutes Chapter 78 ·
Oregon Code § 78.2060 · Enacted · Last updated March 01, 2026
Statute Text
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. [1961 c.726 §78.2060; 1985 c.676 §78.2060; 1995 c.328 §22]
Plain English Explanation
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