New York Statutes

§ 3-407 — Alteration

New York § 3-407
JurisdictionNew York
Law UCCUniform Commercial Code
Part 4Liability of Parties
Art. 3Commercial Paper

This text of New York § 3-407 (Alteration) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Uniform Commercial Code § 3-407 (2026).

Text

Section 3--407. Alteration.\n (1) Any alteration of an instrument is material which changes the\ncontract of any party thereto in any respect, including any such change\nin\n (a) the number or relations of the parties; or\n (b) an incomplete instrument, by completing it otherwise than as\n authorized; or\n (c) the writing as signed, by adding to it or by removing any\n part of it.\n (2) As against any person other than a subsequent holder in due course\n (a) alteration by the holder which is both fraudulent and\n material discharges any party whose contract is thereby\n changed unless that party assents or is precluded from\n asserting the defense;\n (b) no other alteration discharges any party and the instru

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Related

Sterling National Bank and Trust Co. Of New York v. Fidelity Mortgage Investors
510 F.2d 870 (Second Circuit, 1975)
109 case citations

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Bluebook (online)
New York § 3-407, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/UCC/3-407.