New York Laws
Article 3 - Commercial Paper
Part 4 - Liability of Parties

3-401 - Signature. - (1) No person is liable on an instrument unless his...

3-402 - Signature in Ambiguous Capacity. - Unless the instrument clearly indicates that a signature is made...

3-403 - Signature by Authorized Representative. - (1) A signature may be made by an agent or...

3-404 - Unauthorized Signatures. - (1) Any unauthorized signature is wholly inoperative as that of...

3-405 - Impostors; Signature in Name of Payee. - (1) An indorsement by any person in the name of...

3-406 - Negligence Contributing to Alteration or Unauthorized Signature. - Signature. Any person who by his negligence substantially contributes to...

3-407 - Alteration. - (1) Any alteration of an instrument is material which changes...

3-408 - Consideration. - Want or failure of consideration is a defense as against...

3-409 - Draft Not an Assignment. - (1) A check or other draft does not of itself...

3-410 - Definition and Operation of Acceptance. - (1) Acceptance is the drawee's signed engagement to honor the...

3-411 - Certification of a Check. - (1) Certification of a check is acceptance. Where a holder...

3-412 - Acceptance Varying Draft. - (1) Where the drawee's proffered acceptance in any manner varies...

3-413 - Contract of Maker, Drawer and Acceptor. - (1) The maker or acceptor engages that he will pay...

3-414 - Contract of Indorser; Order of Liability. - (1) Unless the indorsement otherwise specifies (as by such words...

3-415 - Contract of Accommodation Party. - (1) An accommodation party is one who signs the instrument...

3-416 - Contract of Guarantor. - (1) "Payment guaranteed" or equivalent words added to a signature...

3-417 - Warranties on Presentment and Transfer. - (1) Any person who obtains payment or acceptance and any...

3-418 - Finality of Payment or Acceptance. - Except for recovery of bank payments as provided in the...

3-419 - Conversion of Instrument; Innocent Representative. - (1) An instrument is converted when (a) a drawee to...