13 Pa. C.S. § 4203
Current through Pa Acts 2024-53, 2024-56 through 2024-92
Subject to Division 3 (relating to negotiable instruments) concerning conversion of instruments (section 3420) and restrictive indorsements (section 3206), 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.
13 Pa.C.S. § 4203