Effect of instructions

Va. Code Ann. § 8.4-203
in effect
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Subject to Title 8.3A concerning conversion of instruments (§ 8.3A-420 ) and restrictive endorsements (§ 8.3A-206 ), 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. 1964, c. 219; 1992, c. 693.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/8.4-203/Fetched: 10/17/2026

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