673.4031

Unauthorized signature.

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673.4031 Unauthorized signature.
(1) Unless otherwise provided in this chapter or chapter 674, 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 chapter.
(2) 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.
(3) The civil or criminal liability of a person who makes an unauthorized signature is not affected by any provision of this chapter which makes the unauthorized signature effective for the purposes of this chapter.
History.s. 2, ch. 92-82.
Notes of Decisions
Cited in 2 cases, 1998–2000 · leading case: GATEWAY AMERICAN BANK v. Lucky Jet Corp.
GATEWAY AMERICAN BANK v. Lucky Jet Corp. (1998) fladistctapp · cites it 2× “Although Lucky Jet contends that it is well established that a bank is bound to know the signatures of its depositors and that payment on a forged check cannot be charged to the account of the depositor, see section 673.4031, Florida Statutes (1997), there are several statutory…”
Arkwright Mutual Ins. Co. v. Bank of America, N.A. (2000) ca11 “Because a forged check is not a “properly payable item,” Fla. Stat. § 673.4031 (1993); see also Perini Corp.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.

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