Arizona § 47-8305 Instruction

Arizona Statutes

§ 47-8305 — Instruction

Arizona § 47-8305

Title 47Arizona Revised Statutes

Ch. 8INVESTMENT SECURITIES

Art. 3Transfer of Certificated and Uncertificated Securities

This text of Arizona § 47-8305 (Instruction) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 47-8305 (2026).

Text

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 47-8108 and not an obligation that the security will be honored by the issuer.

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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 47-8108 and not an obligation that the security will be honored by the issuer.