Georgia Statutes
§ 11-4-203 — Effect of instructions
Georgia·Title 11
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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Related
First Guaranty Bank v. Northwest Georgia Bank
417 S.E.2d 348 (Court of Appeals of Georgia, 1992)
Nearby Sections
15
§ 11-1-101
Short titles§ 11-1-102
Scope of article§ 11-1-104
Construction against implicit repeal§ 11-1-105
Severability§ 11-1-106
Use of singular and plural; gender§ 11-1-107
Section captions§ 11-1-201
General definitions§ 11-1-202
Notice; knowledge§ 11-1-204
Value§ 11-1-205
Reasonable time; seasonableness§ 11-1-206
Presumptions