{"data":{"id":"us-ma/mass.-gen.-laws-ch.-106-4-203","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 106, § 4-203","heading":"Effect of Instructions","body":"Section 4–203. Subject to Article 3 concerning conversion of instruments (section 3–420) and restrictive indorsements (section 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.","path":["Part I","Title XV","Chapter 106","Article 4"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Section4-203","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:22:25Z","sha256":"4eb529f0e3dae7430a0a4621f11b528365a9b068cf559b39c7dd51ba52c0b6b2","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-106-4-202","next":"us-ma/mass.-gen.-laws-ch.-106-4-204"},"notice":"GroundRules: Original legal text. Not legal advice."}