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Can you summarize NVRS 104.4203?
Uniform Commercial CodeOriginal Articles > Effect of instructions.
Short Summary
Subject to the provisions of article 3 concerning conversion of instruments ( NRS 104.3420 ) and restrictive endorsements ( NRS 104.3206 ), only a collecting banks 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. (Added to NRS by 1965, 843; A 1993, 1303)
Jurisdiction
Nevada