{"data":{"id":"us-mi/mich.-comp.-laws-440.4203","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.4203","heading":"Collecting bank; instructions from transferor.","body":"Sec. 4203.\n\nSubject to article 3 concerning conversion of instruments (section 3420) and restrictive endorsements (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.","path":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-4203","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"9ec52606183fafbb9aace49a1e33c47c9a7f3dc1ea8b9543694469844783f626","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.4202","next":"us-mi/mich.-comp.-laws-440.4204"},"notice":"GroundRules: Original legal text. Not legal advice."}