Nevada Statutes
§ 104.4203 — Effect of instructions
Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· Collection of Items: Depositary and Collecting Banks
Subject to the provisions of article 3 concerning conversion of instruments (NRS 104.3420) and restrictive endorsements (NRS 104.3206), 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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Related
§ 104.3420
Nevada § 104.3420
§ 104.3206
Nevada § 104.3206
Legislative History
(Added to NRS by 1965, 843 ; A 1993, 1303 )
Nearby Sections
15
§ 104.1101
Short titles§ 104.1102
Scope of Article 1§ 104.1104
Construction against implied repeal§ 104.1105
Severability§ 104.1106
Use of singular and plural; gender§ 104.1201
General definitions§ 104.1202
Notice; knowledge§ 104.1204
Value§ 104.1205
Reasonable time; seasonableness§ 104.1206
Presumptions§ 104.1302
Variation by agreement