GroundRules
R.I. Gen. Laws § 6A-4-203: Effect of instructions.
Where this section sits in the code
- Title 6A Uniform Commercial Code
- Chapter 4 Bank Deposits and Collections
- Part 2 Collection of Items: Depositary and Collecting Banks
Subject to chapter 3 of this title concerning conversion of instruments (§ 6A-3-420) and restrictive indorsements (§ 6A-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 2026-09-05T18:06:54Z. Source file · JSON