Kan. Stat. § 84-4-203
Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Subject to article 3 concerning conversion of instruments (K.S.A. 84-3-419 ) and restrictive endorsements (K.S.A. 84-3-206 ), 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.
K.S.A. 84-4-203