(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 s. 678.1081 and not an obligation that the security will be honored by the issuer.
History.—s. 3, ch. 98-11.
Structure Florida Statutes
Title XXXIX - Commercial Relations
Chapter 678 - Uniform Commercial Code: Investment Securities
Part III - Transfer of Certificated and Uncertificated Securities (Ss. 678.3011-678.3071)
678.3021 - Rights of purchaser.
678.3031 - Protected purchaser.
678.3061 - Effect of guaranteeing signature, indorsement, or instruction.
678.3071 - Purchaser’s right to requisites for registration of transfer.