diff --git a/dip-0003.md b/dip-0003.md
index 5fe751b..fa8df62 100644
--- a/dip-0003.md
+++ b/dip-0003.md
@@ -211,7 +211,7 @@ Reorganisations of the chain must also correctly undo changes to the chain-tips
 
 A ProRegTx is invalid if any of these conditions are true:
 
-  1. collateralOutpoint `hash` is null but an output with 1000 DASH is present at position `n` of the ProRegTx outputs
+  1. collateralOutpoint `hash` is null but an output with 1000 DASH is not present at position `n` of the ProRegTx outputs
   2. collateralOutpoint `hash` is not null but an output with 1000 DASH can't be found in the UTXO specified by the `hash` and `n`
   3. Any KeyId* field is null (KeyIdOwner, KeyIdOperator or KeyIdVoting)
   4. KeyIdOwner or KeyIdOperator was already used by any entry in the registered masternodes set