The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 9A : Uniform Commercial Code
Article 008 : Investment Securities
(Cite as: 9A V.S.A. § 8-305)-
§ 8—305. Instruction
(a) 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.
(b) Unless otherwise agreed, a person initiating an instruction assumes only the obligations imposed by section 8—108 of this title and not an obligation that the security will be honored by the issuer. (Added 1995, No. 92 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)
