Louisiana Statutes
§ 10:4-203 — Effect of instructions
Louisiana § 10:4-203
JurisdictionLouisiana
Title 10Commercial Laws
This text of Louisiana § 10:4-203 (Effect of instructions) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 10:4-203 (2026).
Text
Subject to Chapter 3 concerning conversion of instruments (R.S. 10: 3-420) and restrictive indorsements (R.S. 10:3-206), 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 1992, No. 1133, §4, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
Nearby Sections
15
§ 10:4-101
§ 10:4-101§ 10:4-102
Applicability§ 10:4-104
Definitions and index of definitions§ 10:4-105
"Bank"; "depositary bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank"§ 10:4-107
Separate office of bank§ 10:4-108
Time of receipt of items§ 10:4-109
Delays§ 10:4-110
Electronic presentment§ 10:4-111
Prescription§ 10:4-201
§ 10:4-201§ 10:4-203
Effect of instructionsCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 10:4-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/10%3A4-203.