Nev. Rev. Stat. § 104.4203

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 104.4203 - Effect of instructions

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.

NRS 104.4203

Added to NRS by 1965, 843; A 1993, 1303
Added to NRS by 1965, 843; A 1993, 1303