Wisconsin Statutes
§ 408.305 — Instruction.
Wisconsin § 408.305
JurisdictionWisconsin
Ch. 408Uniform commercial code — investment securities
Subch.subch. III of ch. 408 SUBCHAPTER III
TRANSFER OF CERTIFICATED AND UNCERTIFICATED SECURITIES
This text of Wisconsin § 408.305 (Instruction.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wis. Stat. § 408.305 (2026).
Text
408.305
408.305(1) (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.
408.305(2) (2) Unless otherwise agreed, a person initiating an instruction assumes only the obligations imposed by s. 408.108 and not an obligation that the security will be honored by the issuer.
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Legislative History
408.305 History History: 1997 a. 297 .
Nearby Sections
15
§ 408.101
Short title.§ 408.102
Definitions.§ 408.103
Rules for determining whether certain obligations and interests are securities or financial assets.§ 408.105
Notice of adverse claim.§ 408.106
Control.§ 408.108
Warranties in direct holding.§ 408.109
Warranties in indirect holding.§ 408.110
Applicability; choice of law.§ 408.111
Clearing corporation rules.§ 408.112
Creditor’s legal process.§ 408.113
Statute of frauds inapplicable.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 408.305, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/408.305.