{"code":"COM","codeName":"Commercial Code","section":"4203","citation":"Com. Code, § 4203","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 4. BANK DEPOSITS AND COLLECTIONS [4101. - 4504.]","url":"https://blackletter.si/commercial-code/division-4"},{"name":"CHAPTER 2. Collection of Items: Depositary and Collecting Banks [4201. - 4216.]","url":"https://blackletter.si/commercial-code/division-4/chapter-2"}],"history":"Amended by Stats. 1992, Ch. 914, Sec. 20.   Effective January 1, 1993.","effective":"1993-01-01","html":"<p>Subject to Division 3 (commencing with Section <a href=\"/com/3101\">3101</a>) concerning conversion of instruments (Section <a href=\"/com/3420\">3420</a>) and restrictive indorsements (Section <a href=\"/com/3206\">3206</a>), 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.</p>","text":"Subject to Division 3 (commencing with Section 3101) 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.","otherVersions":[],"url":"https://blackletter.si/commercial-code/collection-of-items-depositary-and-collecting-banks-4203","source":"California Legislative Information bulk export (pubinfo)"}