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2023 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1304 | Bank Deposits and Collections
Section 1304.13 | Effect of Instructions - Ucc 4-203.
Universal Citation: OH Rev Code § 1304.13 (2023)
Effective: August 19, 1994
Latest Legislation: Senate Bill 147 - 120th General Assembly
Subject to Chapter 1303. of the Revised Code concerning conversion of instruments and restrictive indorsements, 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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