Alabama Statutes

§ 7-3-401 — Signature Necessary for Liability on Instrument

Alabama·Title 7 Commercial Code·Art. 3 Negotiable Instruments·Part 4 Liability of Parties
A person is not liable on an instrument unless (i) the person signed the instrument, or (ii) the person is represented by an agent or representative who signed the instrument and the signature is binding on the represented person under Section 7-3-402.

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Legislative History

(Acts 1965, No. 549, p. 811; repealed by Acts 1995, No. 95-668, p. 1381, §1; added by Acts 1995, No. 95-668, p. 1381, §1; Act 2023-492, §1.)

Nearby Sections

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