Section 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 8-108 of this title and not an obligation that the security will be honored by the issuer.Okla. Stat. tit. 12A, § 8-305
Added by Laws 1961, p. 155, § 8-305. Amended by Laws 1984, HB 1800, c. 76, § 22, eff. 11/1/1984; Amended by Laws 1995, SB 522, c. 242, § 31, eff. 2/1/1996.Oklahoma Code Comment
Subsection (a) of this Section is a restatement of former sub section 8-308(5) . Subsection (b) of this Section is a restatement of former sub section 8-308(9) .
Prior Statutory Provisions:
Pre-revision UCC § 8-308(5) and (9).