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2017 Missouri Revised Statutes
Title XXVI TRADE AND COMMERCE
Chapter 400 Uniform Commercial Code
Section 400.4-203 Effect of instructions.
Universal Citation: MO Rev Stat § 400.4-203 (2017)
Effective 28 Aug 1992
Title XXVI TRADE AND COMMERCE
Chapter 400400.4-203. Effect of instructions. — Subject to article 3 concerning conversion of instruments (Section 400.3-420) and restrictive endorsements (Section 400.3-206), 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.
(L. 1963 p. 503 § 4-203, A.L. 1992 S.B. 448)
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