There Is a Newer Version of the Utah Code
2011 Utah Code
Title 70A Uniform Commercial Code
Chapter 4 Uniform Commercial Code - Bank Deposits and Collections
Section 203 Effect of instructions.
70A-4-203. Effect of instructions.Subject to Title 70A, Chapter 3, Uniform Commercial Code -- Negotiable Instruments, concerning conversion of instruments, Section 70A-3-420, and restrictive indorsements only, Section 70A-3-206, 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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