GroundRules
Idaho Code § 28-4-203: Effect of instructions.
Where this section sits in the code
- TITLE 28 COMMERCIAL TRANSACTIONS
- CHAPTER 4 UNIFORM COMMERCIAL CODE — BANK DEPOSITS AND COLLECTIONS
- PART 2. COLLECTION OF ITEMS — DEPOSITARY AND COLLECTING BANKS
Subject to the provisions of chapter 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 2026-09-04T11:18:15Z. Source file · JSON