Texas Statutes
§ 3.407 — ALTERATION.
Texas § 3.407
JurisdictionTexas
Code BCBusiness & Commerce Code
This text of Texas § 3.407 (ALTERATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Business & Commerce Code Code Ann. § 3.407 (2026).
Text
Sec. 3.407. ALTERATION.
(a)"Alteration" means:
(1)an unauthorized change in an instrument that purports to modify in any respect the obligation of a party; or
(2)an unauthorized addition of words or numbers or other change to an incomplete instrument relating to the obligation of a party.
(b)Except as provided in Subsection (c), an alteration fraudulently made discharges a party whose obligation is affected by the alteration unless that party assents or is precluded from asserting the alteration. No other alteration discharges a party, and the instrument may be enforced according to its original terms.
(c)A payor bank or drawee paying a fraudulently altered instrument or a person taking it for value, in good faith and without notice of the alteration, may enforce rights with respect t
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Related
Ray v. Farmers' State Bank of Hart
576 S.W.2d 607 (Texas Supreme Court, 1979)
First State Bank v. Keilman
851 S.W.2d 914 (Court of Appeals of Texas, 1993)
Coker v. Cramer Financial Group, Inc.
992 S.W.2d 586 (Court of Appeals of Texas, 1999)
Charter Bank Northwest v. Evanston Insurance Company
791 F.2d 379 (Fifth Circuit, 1986)
Jelinis, LLC v. S. Bruce Hiran and Hung N. Yi
557 S.W.3d 159 (Court of Appeals of Texas, 2018)
Antrim v. McMurrey
549 S.W.2d 463 (Court of Appeals of Texas, 1977)
Carnival Leisure Industries, Ltd. v. Aubin
830 F. Supp. 371 (S.D. Texas, 1993)
First State Bank v. Tom Keilman and Myrna Keilman
(Court of Appeals of Texas, 1993)
Gregory Scott Cunningham v. Bobby Anglin
(Court of Appeals of Texas, 2015)
James M. Maddox and Kelli L. Maddox v. Summit Mortgage Corporation and Nationsbanc Mortgage Corporation, Now Known as Bank of America Mortgage Corporation
(Court of Appeals of Texas, 2002)
Lurea Hornbuckle and William Hornbuckle, Sr. Estate v. Countrywide Home Loans, Inc. and Massachusetts Mutual Life Insurance Company
(Court of Appeals of Texas, 2011)
Anne Coyle // Stephen Casey v. Chad Walker and Alisha Flood // Cross-Appellee, Anne Coyle
(Court of Appeals of Texas, 2025)
Legislative History
Amended by Acts 1995, 74th Leg., ch. 921, Sec. 1, eff. Jan. 1, 1996.
Nearby Sections
15
§ 3.101
SHORT TITLE.§ 3.102
SUBJECT MATTER.§ 3.103
DEFINITIONS.§ 3.104
NEGOTIABLE INSTRUMENT.§ 3.105
ISSUE OF INSTRUMENT.§ 3.111
PLACE OF PAYMENT.§ 3.112
INTEREST.§ 3.113
DATE OF INSTRUMENT.§ 3.115
INCOMPLETE INSTRUMENT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 3.407, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FA/3.407.