ORS § 78.3050

Current through 2024 Regular Session legislation
Section 78.3050 - 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 ORS 78.1080 and not an obligation that the security will be honored by the issuer.

ORS 78.3050

1961 c.726 § 78.3050; 1985 c.676 § 78.3050; 1995 c.328 §31