(a) If an instruction has been originated by an appropriate person but is incomplete in another respect, any person may complete the instruction as authorized and the issuer may rely on the instruction as completed, even though the instruction has been completed incorrectly.
(b) Unless otherwise agreed, a person initiating an instruction assumes only the obligations imposed by AS 45.08.108 and not an obligation that the security will be honored by the issuer.
Section: Previous 45.08.301 45.08.302 45.08.303 45.08.304 45.08.305 45.08.306 45.08.307 45.08.308 NextLast modified: November 15, 2016