GroundRules
Wyo. Stat. § 34.1-4-203: Effect of instructions.
Where this section sits in the code
- TITLE 34.1 - 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 34.1-3-420) and restrictive indorsements (section 34.1-3-206), 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 2026-09-04T00:16:32Z. Source file · JSON