North Dakota Statutes
§ 41-04-15 — (4-203) Effect of instructions
Subject to the provisions of chapter 41-03 concerning conversion of instruments (section
41-03-57) and restrictive endorsements (section 41-03-25), only a collecting bank's transferor
may give instructions which affect the bank or constitute notice to it, and a collecting bank is not
liable to prior parties for any action taken under those instructions or any agreement with its
transferor.
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Nearby Sections
15
§ 41-01-01
(1-101) Short titles§ 41-01-02
(1-102) Scope of chapter§ 41-01-05
(1-105) Severability§ 41-01-07
(1-107) Section captions§ 41-01-09
(1-201) General definitions§ 41-01-10
(1-202) Notice - Knowledge§ 41-01-12
(1-204) Value§ 41-01-13
(1-205) Reasonable time - Seasonableness§ 41-01-14
(1-206) Presumptions