Okla. Stat. tit. 12A, § 8-305
(b) Unless otherwise
agreed, a person initiating an instruction assumes only the obligations imposed by Section 12A-8-108 of this title and not an obligation that the security will be honored by the issuer.
Oklahoma Code Comment
Subsection (a) of this Section is a restatement of former subsection 8-308(5). Subsection (b) of this Section is a restatement of former subsection 8-308(9).
Prior Statutory Provisions:
Pre-revision UCC § 8-308(5) and (9).
Laws 1961, SB 36, p. 155, §