North Dakota Statutes

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

North Dakota·Title 41 Uniform Commercial Code·Ch. 41-04 Bank Deposits and Collections
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.

Free access — add to your briefcase to read the full text and ask questions with AI

North Dakota § 41-04-15 ((4-203) Effect of instructions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗