2017 Montana Code Annotated
TITLE 30. TRADE AND COMMERCE
CHAPTER 8. UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES
Part 3. Transfer of Certificated and Uncertificated Securities
30-8-335. Instruction

Universal Citation: MT Code § 30-8-335 (2017)

30-8-335. Instruction. (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 30-8-118 and not an obligation that the security will be honored by the issuer.

History: En. Sec. 51, Ch. 536, L. 1997.

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