Kansas Statutes

§ 84-3-403 — Unauthorized signature

Kansas·Ch. 84 UNIFORM COMMERCIAL CODE·Art. 3 NEGOTIABLE INSTRUMENTS
(a)Unless otherwise provided in this article or article 4, 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.

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Related

Mohr v. State Bank of Stanley
734 P.2d 1071 (Supreme Court of Kansas, 1987)
53 case citations
Aetna Casualty and Surety Co. v. Hepler State Bank
630 P.2d 721 (Court of Appeals of Kansas, 1981)
50 case citations
Rosedale State Bank & Trust Co. v. Stringer
579 P.2d 158 (Court of Appeals of Kansas, 1978)
17 case citations
Federal Deposit Ins. Corp. v. Galloway
613 F. Supp. 1392 (D. Kansas, 1985)
15 case citations
Deere & Co. v. Zahm
837 F. Supp. 346 (D. Kansas, 1993)
9 case citations

Legislative History

L. 1991, ch. 296, § 40; February 1, 1992.

Nearby Sections

15
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