Liability of Parties | Midpage

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Code of Alabama

Part 4

Liability of Parties

7-3-401Signature Necessary for Liability on Instrument.7-3-402Signature by Representative.7-3-403Unauthorized Signature.7-3-404Impostors; Fictitious Payees.7-3-405Employer’s Responsibility for Fraudulent Indorsement by Employee.7-3-406Negligence Contributing to Forged Signature or Alteration of Instrument.7-3-407Alteration.7-3-408Drawee Not Liable on Unaccepted Draft.7-3-409Acceptance of Draft; Certified Check.7-3-410Acceptance Varying Draft.7-3-411Refusal to Pay Cashier’s Checks, Teller’s Checks, and Certified Checks.7-3-412Obligation of Issuer of Note or Cashier’s Check.7-3-413Obligation of Acceptor.7-3-414Obligation of Drawer.7-3-415Obligation of Indorser.7-3-416Transfer Warranties.7-3-417Presentment Warranties.7-3-418Payment or Acceptance by Mistake.7-3-419Instruments Signed for Accommodation.7-3-420Conversion of Instrument.