Section 7-4-203 Effect of Instructions.

Only a collecting bank’s transferor may give instructions that affect the bank or count as notice, and the collecting bank is not liable to prior parties for actions taken under those instructions or under an agreement with its transferor.

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Jurisdiction: United States — Alabama
Instrument: Act or statute
Version: Undated source snapshot
Language: en
Official source: View official record ↗

Citation provenance: source:global:stored-legal-sources · schema StatuteEnrichmentPublicV1.

banking commercial paper

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Section 7-4-203 Effect of Instructions.

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