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Montana Title 30. Trade and Commerce § 30-4-203. Effect of instructions

Current as of January 01, 2024 | Updated by FindLaw Staff

Subject to the provisions of chapter 3 concerning conversion of instruments (30-3-419) and restrictive endorsements (30-3-205), 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 such instructions or in accordance with any agreement with its transferor.

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Cite this article: FindLaw.com - Montana Title 30. Trade and Commerce § 30-4-203. Effect of instructions - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-30-trade-and-commerce/mt-code-ann-sect-30-4-203/

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