{"data":{"id":"us-nc/n.c.-gen.-stat.-25-4-203","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-4-203","heading":"Effect of instructions.","body":"Subject to Article 3 concerning conversion of instruments (G.S. 25-3-420) and restrictive indorsements (G.S. 25-3-206), 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. (1965, c. 700, s. 1; 1995, c. 232, s. 2.)","path":["Chapter 25. Uniform Commercial Code.","Article 4. Bank Deposits and Collections.","Part 2. Collection of Items: Depositary and Collecting Banks."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-4-203.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"148e0fdce715f2172891bee72c4e208746bcdc1f0d540dcb9fbf7056c0351305","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-4-202","next":"us-nc/n.c.-gen.-stat.-25-4-204"},"notice":"GroundRules: Original legal text. Not legal advice."}