Okla. Stat. tit. 12A, § 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.
Oklahoma Code Comment
Section 8-206 deals with completion or alteration of security certificates. Generally, any person can complete a certificate by filling in any blanks as authorized. Even if the blanks are incorrectly filled in, the certificate will be enforceable, as completed, by a purchaser for value and without notice. Cf. UCC § 3-115. A complete certificate that has been improperly altered is enforceable only according to its original terms. Cf. UCC § 3-407.
Prior Statutory Provisions:
18 Okla. Stat. § 1.104 (1947).
48 Okla. Stat. §§ 33-36, 266 (1910).
Pre-revision UCC § 8-206.

Laws 1961, SB 36, p. 154, § 8-206; Amended by Laws 1984, HB 1800, c. 76, § 15, eff. November 1, 1984; Amended by Laws 1995, SB 522, c. 242, § 22, eff. February 1, 1996.