South Carolina Code 36-4-203. Effect of instructions
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Subject to Chapter 3 concerning conversion of instruments (§ 36-3-420) and restrictive indorsements (§ 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.