State Codes and Statutes

Statutes > North-carolina > Chapter_25 > GS_25-8-305

§25‑8‑305.  Instruction.

(a)        If an instructionhas been originated by an appropriate person but is incomplete in any otherrespect, any person may complete it as authorized and the issuer may rely on itas completed, even though it has been completed incorrectly.

(b)        Unless otherwiseagreed, a person initiating an instruction assumes only the obligations imposedby G.S. 25‑8‑108 and not an obligation that the security will behonored by the issuer. (1899, c. 733, ss. 52, 53; Rev., ss. 2201, 2202; C.S.,ss. 3033, 3034; 1965, c. 700, s. 1; 1989, c. 588, s. 1; 1997‑181, s. 1.)

State Codes and Statutes

Statutes > North-carolina > Chapter_25 > GS_25-8-305

§25‑8‑305.  Instruction.

(a)        If an instructionhas been originated by an appropriate person but is incomplete in any otherrespect, any person may complete it as authorized and the issuer may rely on itas completed, even though it has been completed incorrectly.

(b)        Unless otherwiseagreed, a person initiating an instruction assumes only the obligations imposedby G.S. 25‑8‑108 and not an obligation that the security will behonored by the issuer. (1899, c. 733, ss. 52, 53; Rev., ss. 2201, 2202; C.S.,ss. 3033, 3034; 1965, c. 700, s. 1; 1989, c. 588, s. 1; 1997‑181, s. 1.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_25 > GS_25-8-305

§25‑8‑305.  Instruction.

(a)        If an instructionhas been originated by an appropriate person but is incomplete in any otherrespect, any person may complete it as authorized and the issuer may rely on itas completed, even though it has been completed incorrectly.

(b)        Unless otherwiseagreed, a person initiating an instruction assumes only the obligations imposedby G.S. 25‑8‑108 and not an obligation that the security will behonored by the issuer. (1899, c. 733, ss. 52, 53; Rev., ss. 2201, 2202; C.S.,ss. 3033, 3034; 1965, c. 700, s. 1; 1989, c. 588, s. 1; 1997‑181, s. 1.)