North Dakota Statutes

§ 41-04-15 — (4-203) Effect of instructions

North Dakota § 41-04-15
JurisdictionNorth Dakota
Title 41Uniform Commercial Code
Ch. 41-04Bank Deposits and Collections

This text of North Dakota § 41-04-15 ((4-203) Effect of instructions) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 41-04-15 (2026).

Text

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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Bluebook (online)
North Dakota § 41-04-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/41-04-15.