§ 34.1-3-403 — Unauthorized signature

Wyoming § 34.1-3-403

• Jurisdiction: Wyoming
• Title 34.1: Uniform Commercial Code
• Art. 3: NEGOTIABLE INSTRUMENTS

Text

(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 (1) person is
required to constitute the authorized signature of an
organization, the signature of the organization is unauthorized
if one (1) 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.