Tennessee § 47-4-203 - Effect of instructions.
Full text of Tennessee Tennessee Code Annotated § 47-4-203 — Effect of instructions., with citation guidance and answers to common questions.
§ 47-4-203. Effect of instructions.
Subject to chapter 3 of this title concerning conversion of instruments (§ 47-3-420 ) and restrictive endorsements (§ 47-3-206 ), 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. Acts 1963, ch. 81, § 1 (4-203); 1995, ch. 397, § 3.
Frequently Asked Questions About Tennessee § 47-4-203
What does Tennessee Code Annotated § 47-4-203 cover?
Section 47-4-203 ("Effect of instructions.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. 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 Tennessee § 47-4-203?
A common citation format is "Tennessee Code Annotated § 47-4-203" (Tennessee). 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 Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 47-4-203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee 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 Tennessee.