Tex. Bus. & Com. Code § 4.203
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Subject to Chapter 3 concerning conversion of instruments (Section 3.420) and restrictive indorsements (Section 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.
Tex. Bus. and Comm. Code § 4.203