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Hawaii Revised Statutes Division 2. Business § 490:4-203

Current as of January 01, 2022 | Updated by FindLaw Staff

Subject to article 3 concerning conversion of instruments (section 490:3-420) and restrictive indorsements (section 490:3-206), 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.

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Cite this article: FindLaw.com - Hawaii Revised Statutes Division 2. Business § 490:4-203 - last updated January 01, 2022 | https://codes.findlaw.com/hi/division-2-business/hi-rev-st-sect-490-4-203/

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