Utah Statutes

§ 70A-8-305 — Instruction.

Utah § 70A-8-305
JurisdictionUtah
Title 70AUniform Commercial Code
Ch. 70A-8Uniform Commercial Code - Investment Securities
Part 70A-8-3Transfer of Certificated and Uncertificated Securities

This text of Utah § 70A-8-305 (Instruction.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Utah Code Ann. § 70A-8-305 (2026).

Text

(1)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.
(2)Unless otherwise agreed, a person initiating an instruction assumes only the obligations imposed by Section 70A-8-107 and not an obligation that the security will be honored by the issuer.

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Legislative History

Repealed and Re-enacted by Chapter 204, 1996 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 70A-8-305, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/70A-8-305.