Colorado § 4-3-403 Unauthorized signature

Colorado Statutes

§ 4-3-403 — Unauthorized signature

Colorado·Title 04 Uniform·Art. Negotiable Instruments

(a)Unless otherwise provided in this article or article 4 of this title, an unauthorized signature is ineffective except as the signature of the unauthorized signer in favor of a person who in good faith pays the instrument or takes it for value. An unauthorized signature may be ratified for all purposes of this article.

(b)If the signature of more than one person is required to constitute the authorized signature of an organization, the signature of the organization is unauthorized if one of the required signatures is lacking.

(c)The civil or criminal liability of a person who makes an unauthorized signature is not affected by any provision of this article which makes the unauthorized signature effective for the purposes of this article.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Unless otherwise provided in this
article or article 4 of this title, an unauthorized signature is ineffective except as
the signature of the unauthorized signer in favor of a person who in good faith pays
the instrument or takes it for value. An unauthorized signature may be ratified for
all purposes of this article.

(b) If the signature of more than one person is required to constitute the
authorized signature of an organization, the signature of the organization is
unauthorized if one of the required signatures is lacking.

(c) The civil or criminal liability of a person who makes an unauthorized
signature is not affected by any provision of this article which makes the
unauthorized signature effective for the purposes of this article.

Colorado § 4-3-403 (Unauthorized signature) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.