(4-203) Effect of instructions

N.D. Cent. Code § 41-04-15
in effect
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41-04-15. (4-203) Effect of instructions Subject to the provisions of chapter 41-03 concerning conversion of instruments (section 41-03-57) and restrictive endorsements (section 41-03-25), only a collecting bank's transferor may give instructions which affect the bank or constitute notice to it, and a collecting bank is not liable to prior parties for any action taken under those instructions or any agreement with its transferor.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c04.pdf#nameddest=41-04-15Fetched: 10/16/2026

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