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2019 West Virginia Code
Chapter 46. Uniform Commercial Code
Article 4. Bank Deposits and Collections
§46-4-203. Effect of Instructions
Universal Citation: WV Code § 46-4-203 (2019)
Subject to article three 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.
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