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Kentucky Revised Statutes · § 355.8-305 — Instruction

355.8-305. 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 KRS 355.8-108 and not an obligation that the security will be honored by the issuer.

Source notes

Effective: January 1, 1997

History and annotations

Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 144, effective January 1, 1997. -- Amended 1986 Ky. Acts ch. 118, sec. 29, effective July 1, 1987. -- Created 1958 Ky. Acts ch. 77, sec. 8-305, effective July 1, 1960.

Official source for this version

Source captured 2026-09-25. Open the official source.

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