South Carolina § 36-4-203 - Effect of instructions.

Full text of South Carolina South Carolina Code of Laws § 36-4-203 — Effect of instructions., with citation guidance and answers to common questions.

§ 36-4-203. Effect of instructions.

Subject to Chapter 3 concerning conversion of instruments (Section 36-3-420) and restrictive indorsements (Section 36-3-206), 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.

HISTORY: 1962 Code SECTION 10.4-203; 1966 (54) 2716; 2008 Act No. 204, SECTION 3, eff July 1, 2008.

Source: official South Carolina text · Last verified 2026-08-27

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Frequently Asked Questions About South Carolina § 36-4-203

What does South Carolina Code of Laws § 36-4-203 cover?

Section 36-4-203 ("Effect of instructions.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite South Carolina § 36-4-203?

A common citation format is "South Carolina Code of Laws § 36-4-203" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of South Carolina law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.

How does South Carolina § 36-4-203 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.