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Utah Code § 70A-4-203

Effect of instructions

Utah · Utah Code Title 70A — Uniform Commercial Code · Status: effective

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Utah Code § 70A-4-203, Effect of instructions, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2349912
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Subject to Title 70A, Chapter 3, Uniform Commercial Code - Negotiable Instruments, concerning conversion of instruments, Section 70A-3-420, and restrictive indorsements only, Section 70A-3-206, 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.