Conn. Gen. Stat. § 42a-4-203: Effect of instructions.
Where this section sits in the code
- TITLE 42a. UNIFORM COMMERCIAL CODE
- ARTICLE 4*. BANK DEPOSITS AND COLLECTIONS
- PART 2. COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS
Subject to section 42a-3-420 concerning conversion of instruments and section 42a-3-206 concerning restrictive endorsements, only a collecting bank's transferor can give instructions that affect the bank or constitute notice to it, and a collecting bank is not liable to prior parties for any action taken pursuant to the instructions or in accordance with any agreement with its transferor.
Collected 2026-09-06T19:07:15Z. Source file · JSON