Nev. Rev. Stat. § 104.4203
Effect of instructions
Nevada · Nevada Revised Statutes Chapter 104 — Uniform Commercial Code—Original Articles · Status: effective
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- Citation
- Nev. Rev. Stat. § 104.4203, Effect of instructions, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2079448
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Full text
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.