Idaho Code § 28-4-203
This is the official text of Idaho Code § 28-4-203, part of Idaho’s Code — part of the compiled statutory law of Idaho, published by the state as "Code." Browse the sections below, each linked to its official government source.
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28-4-203 EFFECT OF INSTRUCTIONS.
Official statutory text
PART 2.
COLLECTION OF ITEMS — DEPOSITARY AND COLLECTING BANKS
28-4-203. Effect of instructions. Subject to the provisions of chapter 3 concerning conversion of instruments (section 28-3-420) and restrictive indorsements (section 28-3-206), 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.
History:
[28-4-203, added 1967, ch. 161, sec. 4-203, p. 351; am. 1993, ch. 288, sec. 17, p. 1059.]
COLLECTION OF ITEMS — DEPOSITARY AND COLLECTING BANKS
28-4-203. Effect of instructions. Subject to the provisions of chapter 3 concerning conversion of instruments (section 28-3-420) and restrictive indorsements (section 28-3-206), 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.
History:
[28-4-203, added 1967, ch. 161, sec. 4-203, p. 351; am. 1993, ch. 288, sec. 17, p. 1059.]
Status: in_force · Read it on the official government site
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