Colorado Statutes
§ 4-8-305 — 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 4-8-108 and not an obligation that the security
will be honored by the issuer.
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Legislative History
Source: L. 96: Entire article R&RE, p. 221, � 2, effective July 1.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith