Tennessee Statutes

§ 47-4-203 — Effect of instructions

Tennessee § 47-4-203

This text of Tennessee § 47-4-203 (Effect of instructions) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 47-4-203 (2026).

Text

Subject to chapter 3 of this title concerning conversion of instruments (§ 47-3-420 ) and restrictive endorsements (§ 47-3-206 ), 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

Acts 1963, ch. 81, § 1 (4-203); 1995, ch. 397, § 3.

Nearby Sections

15
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Bluebook (online)
Tennessee § 47-4-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/47-4-203.