§12A-4-203.

§12A-4-203.
   
                           EFFECT OF INSTRUCTIONS
                                      
   Subject to Article 3 of this title concerning conversion of
   instruments (Section 3-420 of this title) and restrictive indorsements
   (Section 3-206 of this title), 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.