GroundRules
N.D. Cent. Code § 41-04-15: (4-203) Effect of instructions
Where this section sits in the code
- Title 41 Uniform Commercial Code
- Chapter 41-04 Bank Deposits And Collections
Subject to the provisions of chapter 41-03 concerning conversion of instruments (section 41-03-57) and restrictive endorsements (section 41-03-25), only a collecting bank's transferor may give instructions which affect the bank or constitute notice to it, and a collecting bank is not liable to prior parties for any action taken under those instructions or any agreement with its transferor.
Collected 2026-09-02T21:04:14Z. Source file · JSON