Arkansas Statutes

§ 4-4-203 — Effect of instructions

Arkansas § 4-4-203

This text of Arkansas § 4-4-203 (Effect of instructions) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 4-4-203 (2026).

Text

Subject to Chapter 3 of this subtitle concerning conversion of instruments (§ 4-3-420 ) and restrictive indorsements (§ 4-3-206 ), 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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Legislative History

Acts 1961, No. 185, § 4-203; A.S.A. 1947, § 85-4-203; Acts 1991, No. 572, § 6.

Nearby Sections

15
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Bluebook (online)
Arkansas § 4-4-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-4-203.