Oklahoma Statutes
§ 12A-8-305 — Instruction.
Oklahoma·Title 12A Uniform Commercial Code
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.
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Legislative History
Added by Laws 1961, p. 155, § 8-305. Amended by Laws 1984, c. 76, § 22, eff. Nov. 1, 1984; Laws 1995, c. 242, § 31, eff. Feb. 1, 1996.
Nearby Sections
15
§ 12A-1-101
Short titles.§ 12A-1-102
Scope of article.§ 12A-1-104
Construction against implicit repeal.§ 12A-1-106
Use of singular and plural - Gender.§ 12A-1-107
Section captions.§ 12A-1-108
Repealed§ 12A-1-108.1
Relationship to Electronic Signatures in Global and§ 12A-1-202
Notice - Knowledge.§ 12A-1-203
Lease distinguished from security interest.§ 12A-1-204
"Value".§ 12A-1-205
Reasonable time - Seasonableness.§ 12A-1-206
Presumptions.