Subject to the provisions of chapter 3[, title 28, Idaho Code,] concerning conversion of instruments (section 28-3-420[, Idaho Code]) and restrictive indorsements (section 28-3-206[, Idaho Code]), 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.
Idaho Code § 28-4-203
Effect of instructions
Known as the Uniform Commercial Code
The act spans §§ 28–28 (405 sections).
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.