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Code · Kansas · Chapter 84 — Uniform Commercial Code

84-4-203. Effect of instructions.

65 words·~1 min read·/ks/chapter-84/84-4-203

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84-4-203. Effect of instructions. Subject to article 3 concerning conversion of instruments (K.S.A. 84-3-419 ) and restrictive endorsements (K.S.A. 84-3-206 ), 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.
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