§ 81-27-6.405. Authority to act as disbursing agent

MS Code § 81-27-6.405 (2019) (N/A)
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(1) May rely on the contract of agency and the instructions included in it; and

(2) Is not responsible for:

(A) Any error made by the selling institution in determining its liabilities, and creditors to whom the liabilities are due, or the amounts due the creditors; or

(B) Any preference that results from the payments made under the contract of agency and the instructions included in it.