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§ 8-305. Instruction

Oklahoma Statutes AnnotatedTitle 12A. Commercial Code

Oklahoma Statutes Annotated
Title 12a. Commercial Code (Refs & Annos)
Article 8. Investment Securities (Refs & Annos)
Part 3. Purchase
12A Okl.St.Ann. § 8-305
§ 8-305. Instruction
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 8-108 of this title and not an obligation that the security will be honored by the issuer.

Credits

Laws 1995, c. 242, § 31, eff. Feb. 1, 1996.
12A Okl. St. Ann. § 8-305, OK ST T. 12A § 8-305
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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