GroundRules
D.C. Code § 28:4-203: Effect of instructions.
Where this section sits in the code
- Title 28. Commercial Instruments and Transactions. [Enacted title]
- Subtitle I. Uniform Commercial Code.
- Article 4. Bank Deposits and Collections.
- Part 2. Collection of Items: Depositary and Collecting Banks.
Subject to Article 3 concerning conversion of instruments (section 28:3-420 ) and restrictive indorsements (section 28:3-206 ), 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 2026-08-29T05:44:07Z. Source file · JSON