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HRS §490:8-305

Completing an incomplete instruction for a security

This section says that if someone starts an instruction for a security but leaves it incomplete, anyone can finish it, and the issuer can rely on that finished version even if it was filled in wrong. Unless they agree otherwise, the person who started the instruction only has the duties listed in another section, not a promise that the security will be honored.

everyone

The statute, as written — 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 490:8-108 and not an obligation that the security will be honored by the issuer.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§490:8-108 Guarantees when you buy or transfer securities

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.