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O.C.G.A. § 11-8-305 — Instruction | Georgia Code
O.C.G.A. § 11-8-305 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 11 COMMERCIAL CODE

Section 8. Investment Securities, 11-8-101 through 11-8-603.

ARTICLE 8 INVESTMENT SECURITIES

11-8-305. 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 Code Section 11-8-108 and not an obligation that the security will be honored by the issuer.

(Code 1981, §11-8-305, enacted by Ga. L. 1998, p. 1323, § 1.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 15A Am. Jur. 2d, Commercial Code, §§ 83, 117. 18 Am. Jur. 2d, Corporations, § 433.

C.J.S.

- 18 C.J.S., Corporations, §§ 280, 281. 64A C.J.S., Municipal Corporations, § 1707 et seq. 81A C.J.S., States, § 186.

U.L.A.

- Uniform Commercial Code (U.L.A.) § 8-305.

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This Georgia Code resource is curated by an Orange Park personal injury and workers' comp lawyer, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.