Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 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 and not an obligation that the security will be honored by the issuer.Tex. Bus. and Comm. Code § 8.305
Amended by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. 9/1/1995.