Effect of instructions

Wis. Stat. § 404.203
in effect
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Subject to s. 403.420 concerning conversion of instruments and to s. 403.206 concerning restrictive endorsements, 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.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/404.203Fetched: 10/7/2026
Wis. Stat. § 404.203 — Effect of instructions | Wisconsin Statutes (updated through 2025 Wis. Act 247) | Corpus