§490:8-305 Instruction. (a) If an instruction has been originated by an appropriate person but is incomplete in any other respect, any person may complete it as authorized and the issuer may rely on it as completed, even though it has been completed incorrectly.
(b) Unless otherwise agreed, a person initiating an instruction assumes only the obligations imposed by section 490:8-108 and not an obligation that the security will be honored by the issuer. [L 1997, c 33, pt of §2]
Section: Previous 490-8-208 490-8-209 490-8-210 490-8-301 490-8-302 490-8-303 490-8-304 490-8-305 490-8-306 490-8-307 490-8-401 490-8-402 490-8-403 490-8-404 490-8-405 NextLast modified: October 27, 2016