Texas Business and Commerce Code

Sec. § 8.305


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.


Unless otherwise agreed, a person initiating an instruction assumes only the obligations imposed by Section 8.108 (Warranties in Direct Holding) and not an obligation that the security will be honored by the issuer.
Amended by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.

Last accessed
Jun. 7, 2021