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Florida Statute 673.4061 | Lawyer Caselaw & Research
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F.S. 673.4061 Case Law from Google Scholar Google Search for Amendments to 673.4061

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS
Chapter 673
UNIFORM COMMERCIAL CODE: NEGOTIABLE INSTRUMENTS
View Entire Chapter
F.S. 673.4061
673.4061 Negligence contributing to forged signature or alteration of instrument.
(1) A person whose failure to exercise ordinary care substantially contributes to an alteration of an instrument or to the making of a forged signature on an instrument is precluded from asserting the alteration or the forgery against a person who, in good faith, pays the instrument or takes it for value or for collection.
(2) Under subsection (1), if the person asserting the preclusion fails to exercise ordinary care in paying or taking the instrument and that failure substantially contributes to loss, the loss is allocated between the person precluded and the person asserting the preclusion according to the extent to which the failure of each to exercise ordinary care contributed to the loss.
(3) Under subsection (1), the burden of proving failure to exercise ordinary care is on the person asserting the preclusion. Under subsection (2), the burden of proving failure to exercise ordinary care is on the person precluded.
History.s. 2, ch. 92-82.

F.S. 673.4061 on Google Scholar

F.S. 673.4061 on Casetext

Amendments to 673.4061


Arrestable Offenses / Crimes under Fla. Stat. 673.4061
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 673.4061.



Annotations, Discussions, Cases:

Cases Citing Statute 673.4061

Total Results: 1

GATEWAY AMERICAN BANK v. Lucky Jet Corp.

Court: District Court of Appeal of Florida | Date Filed: 1998-11-12

Citation: 720 So. 2d 1141, 1998 Fla. App. LEXIS 14300, 1998 WL 821795

Snippet: for fraudulent indorsement of an employee); § 673.4061, Fla.Stat. (1997) (negligence contributing to