RCW 62A.4-203
113 words·~1 min read·
/wa/title-62a/chapter-62a-4/62a-4-203·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to Article 3 concerning conversion of instruments (RCW 62A.3-420 ) and restrictive indorsements (RCW 62A.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.
[ 1993 c 229 s 90 ; 1965 ex.s. c 157 s 4-203. Cf. former RCW 30.52.020 ; 1955 c 33 s 30.52.020 ; prior: 1929 c 203 s 2 ; RRS s 3292-2.]
Notes:
Recovery of attorneys' fees — Effective date — 1993 c 229: See RCW 62A.11-111 and 62A.11-112 .