Oregon Code § 78.3050·Enacted ·Last updated March 01, 2026
Statute Text
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. [1961 c.726 §78.3050; 1985 c.676 §78.3050; 1995 c.328
§31]
Plain English Explanation
This Oregon statute addresses Instruction. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 78.3050
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Instruction. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 78.3050. Use this format in legal documents and court filings.
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