Virginia Statutes
§ 8.4-203 — Effect of instructions
Virginia § 8.4-203
JurisdictionVirginia
Title 8.4COMMERCIAL CODE — BANK DEPOSITS AND COLLECTIONS
Part 2COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS
This text of Virginia § 8.4-203 (Effect of instructions) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 8.4-203 (2026).
Text
Subject to Title 8.3A concerning conversion of instruments (§ 8.3A-420) and restrictive endorsements (§ 8.3A-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
1964, c. 219; 1992, c. 693.
Nearby Sections
15
§ 8.4-101
Short title§ 8.4-102
Applicability§ 8.4-104
Definitions and index of definitions§ 8.4-105
"Bank"; "depositary bank"; "intermediary bank"; "collecting bank"; "payor bank"; "presenting bank."§ 8.4-106
Separate office of a bank§ 8.4-107
Time of receipt of items§ 8.4-108
Delays§ 8.4-109
Repealed§ 8.4-110
Electronic presentment§ 8.4-111
Statute of limitations§ 8.4-203
Effect of instructionsCite This Page — Counsel Stack
Bluebook (online)
Virginia § 8.4-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/8.4/8.4-203.