South Carolina Statutes
§ 36-4-203 — Effect of instructions.
South Carolina § 36-4-203
This text of South Carolina § 36-4-203 (Effect of instructions.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 36-4-203 (2026).
Text
Subject to Chapter 3 concerning conversion of instruments (Section 36-3-420) and restrictive indorsements (Section 36-3-206), 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.
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Legislative History
HISTORY: 1962 Code SECTION 10.4-203; 1966 (54) 2716; 2008 Act No. 204, SECTION 3, eff July 1, 2008.
Nearby Sections
15
§ 36-4-101
Short title.§ 36-4-104
Definitions and index of definitions.§ 36-4-105
Definitions of types of banks.§ 36-4-107
Separate office of bank.§ 36-4-108
Time of receipt of items.§ 36-4-109
Delays.§ 36-4-110
Electronic presentment.§ 36-4-111
Statute of limitations.§ 36-4-203
Effect of instructions.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 36-4-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/4/36-4-203.