New Jersey Statutes

§ 12A:4-203 — Effect of instructions

New Jersey § 12A:4-203
JurisdictionNew Jersey
Title 12ACOMMERCIAL TRANSACTIONS

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

Bluebook
N.J. Stat. Ann. § 12A:4-203 (2026).

Text

Subject to the provisions of chapter 3 concerning conversion of instruments (12A:3-420) and restrictive indorsements (12A: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. L.1995,c.28,s.2.

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Bluebook (online)
New Jersey § 12A:4-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/12A/12A%3A4-203.