Minnesota Statutes

§ 336.4-203 — 336.4-203 EFFECT OF INSTRUCTIONS.

Minnesota § 336.4-203
JurisdictionMinnesota
PartTRADE REGULATIONS, CONSUMER PROTECTION
Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.4-203 (336.4-203 EFFECT OF INSTRUCTIONS.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minn. Stat. § 336.4-203 (2026).

Text

Subject to article 3 concerning conversion of instruments (section336.3-420) and restrictive endorsements (section336.3-206), 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

1965 c 811 s 336.4-203;1992 c 565 s 85

Nearby Sections

15
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Bluebook (online)
Minnesota § 336.4-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336/336.4-203.