{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-4-203","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 4-203","heading":"Effect of Instructions","body":"Section 4--203. Effect of Instructions.\n  Subject to the provisions of Article 3 concerning conversion of\ninstruments (Section 3--419) and the provisions of both Article 3 and\nthis Article concerning restrictive indorsements only a collecting\nbank's transferor can give instructions which affect the bank or\nconstitute notice to it and a collecting bank is not liable to prior\nparties for any action taken pursuant to such instructions or in\naccordance with any agreement with its transferor.","path":["Uniform Commercial Code Law","Article 4. Bank Deposits and Collections","Part 2. Collection of Items: Depositary and Collecting Banks"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/4-203","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"06ee52be0811a390277024b179168ed4c6bf51cb06c8532cb727246069ea5003","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-4-202","next":"us-ny/n.y.-uniform-commercial-code-law-4-204"},"notice":"GroundRules: Original legal text. Not legal advice."}