{"data":{"id":"us-nj/n.j.-stat.-12a-4-203","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:4-203","heading":"Effect of instructions","body":"Subject to the provisions of chapter 3 concerning conversion of instruments (12A:3-420) and restrictive indorsements (12A: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.\nL.1995,c.28,s.2.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"8aa6659faae4e47fcd8bb05b931b1a7a92ab0dc8ea294ca164443bb2bc097848","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-4-202","next":"us-nj/n.j.-stat.-12a-4-204"},"notice":"GroundRules: Original legal text. Not legal advice."}