Pennsylvania · Through 2025-12-01 (Statute Update stamp, 13 Pa.C.S.)

13 Pa.C.S. § 4203: Effect of instructions.

Where this section sits in the code

Title 13 - COMMERCIAL CODE
CHAPTER 42 COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS

Subject to Division 3 (relating to negotiable instruments) concerning conversion of instruments (section 3420) and restrictive indorsements (section 3206), 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 2026-09-02T16:31:03Z. Source file · JSON

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