Georgia § 11-4-203 Effect of instructions

Georgia Statutes

§ 11-4-203 — Effect of instructions

Georgia § 11-4-203

Title11

This text of Georgia § 11-4-203 (Effect of instructions) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 11-4-203 (2026).

Text

Subject to Article 3 of this title concerning conversion of instruments (Code Section 11-3-420 ) and restrictive indorsements (Code Section 11-3-206 ), 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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Subject to Article 3 of this title concerning conversion of instruments (Code Section 11-3-420 ) and restrictive indorsements (Code Section 11-3-206 ), 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.