Colorado Statutes
§ 4-4-203 — Effect of instructions
Subject to article 3 of this title concerning
conversion of instruments (section 4-3-420) and restrictive indorsements (section
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
Source: L. 94: Entire article amended with relocations, p. 886, � 2, effective
January 1, 1995.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith