Georgia Statutes
§ 11-3-406 — Negligence contributing to forged signature or alteration of instrument
Georgia § 11-3-406
JurisdictionGeorgia
Title11
This text of Georgia § 11-3-406 (Negligence contributing to forged signature or alteration of instrument) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
O.C.G.A. § 11-3-406 (2026).
Text
(a)A person whose failure to exercise ordinary care substantially contributes to an alteration of an instrument or to the making of a forged signature on an instrument is precluded from asserting the alteration or the forgery against a person who, in good faith, pays the instrument or takes it for value or for collection.
(b)Under subsection (a) of this Code section, if the person asserting the preclusion fails to exercise ordinary care in paying or taking the instrument and that failure substantially contributes to loss, the loss is allocated between the person precluded and the person asserting the preclusion according to the extent to which the failure of each to exercise ordinary care contributed to the loss.
(c)Under subsection (a) of this Code section, the burden of proving failur
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Related
Gerber & Gerber, P.C. v. Regions Bank
596 S.E.2d 174 (Court of Appeals of Georgia, 2004)
Southtrust Bank of Georgia v. Parker
486 S.E.2d 402 (Court of Appeals of Georgia, 1997)
Spacemakers of America, Inc. v. Suntrust Bank
609 S.E.2d 683 (Court of Appeals of Georgia, 2005)
Ownbey Enterprises, Inc. v. Wachovia Bank, N.A.
457 F. Supp. 2d 1341 (N.D. Georgia, 2006)
First Rome Bank v. Reese Oil Co.
426 S.E.2d 384 (Court of Appeals of Georgia, 1992)
First Guaranty Bank v. Northwest Georgia Bank
417 S.E.2d 348 (Court of Appeals of Georgia, 1992)
Nearby Sections
15
§ 11-1-101
Short titles§ 11-1-102
Scope of article§ 11-1-104
Construction against implicit repeal§ 11-1-105
Severability§ 11-1-106
Use of singular and plural; gender§ 11-1-107
Section captions§ 11-1-201
General definitions§ 11-1-202
Notice; knowledge§ 11-1-204
Value§ 11-1-205
Reasonable time; seasonableness§ 11-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Georgia § 11-3-406, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/11-3-406.