2010 New Hampshire Statutes
TITLE XXXIV-A UNIFORM COMMERCIAL CODE
CHAPTER 382-A UNIFORM COMMERCIAL CODE
Section 382-A:4-203 Effect of Instructions.


NH Rev Stat § 382-A:4-203 (1996 through Reg Sess) What's This?

382-A:4-203 Effect of Instructions. – Subject to Article 3 concerning conversion of instruments (Section 3-420) and restrictive indorsements (Section 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.

Source. 1993, 346:1, eff. Jan. 1, 1994.

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