Effective: August 19, 1994
Latest Legislation: Senate Bill 147 - 120th General Assembly
(A) If a person acting, or purporting to act, as a representative signs an instrument by signing either the name of the represented person or the name of the signer, the represented person is bound by the signature to the same extent the represented person would be bound if the signature were on a simple contract. If the represented person is so bound, the signature of the representative is the "authorized signature of the represented person" and the represented person is liable on the instrument, whether or not identified in the instrument.
(B) If a representative signs the name of the representative to an instrument and the signature is an authorized signature of the represented person under division (A) of this section, all of the following rules apply:
(1) If the form of the signature shows unambiguously that the signature is made on behalf of the represented person who is identified in the instrument, the representative is not liable on the instrument.
(2) Subject to division (C) of this section, if the form of the signature does not show unambiguously that the signature is made in a representative capacity or if the represented person is not identified in the instrument, the representative is liable on the instrument to a holder in due course that took the instrument without notice that the representative was not intended to be liable on the instrument. With respect to any other person, the representative is liable on the instrument unless the representative proves that the original parties did not intend the representative to be liable on the instrument.
(C) If a representative signs the name of the representative as drawer of a check without indication of the representative status and the check is payable from an account of the represented person who is identified on the check, the signer is not liable on the check if the signature is an authorized signature of the represented person.
Structure Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1303 | Commercial Paper
Section 1303.01 | Definitions - Ucc 3-103.
Section 1303.02 | Subject Matter - Ucc 3-102.
Section 1303.03 | Negotiable Instrument - Ucc 3-104.
Section 1303.04 | Issue of Instrument - Ucc 3-105(b).
Section 1303.05 | Unconditional Promise or Order - Ucc 3-106.
Section 1303.06 | Instrument Payable in Foreign Money - Ucc 3-107.
Section 1303.07 | Payable on Demand or at Definite Time - Ucc 3-108.
Section 1303.08 | Identification of Person to Whom Instrument Is Payable - Ucc 3-110.
Section 1303.09 | Place of Payment - Ucc 3-111.
Section 1303.10 | Payable to Bearer or to Order - Ucc 3-109.
Section 1303.11 | Incomplete Instrument - Ucc 3-115.
Section 1303.12 | Interest - Ucc 3-112.
Section 1303.13 | Date of Instrument - Ucc 3-113.
Section 1303.14 | Joint and Several Liability - Contribution - Ucc 3-116.
Section 1303.15 | Other Agreements Affecting Instrument - Ucc 3-117.
Section 1303.16 | Statute of Limitations - Ucc 3-118.
Section 1303.17 | Contradictory Terms of Instrument - Ucc 3-114.
Section 1303.18 | Notice of Right to Defend Action - Ucc 3-119.
Section 1303.21 | Negotiation - Ucc 3-201.
Section 1303.22 | Transfer of Instrument - Rights Acquired by Transfer - Ucc 3-203.
Section 1303.23 | Negotiation Subject to Rescission - Ucc 3-202.
Section 1303.24 | Indorsement - Ucc 3-204.
Section 1303.25 | Special Indorsement - Blank Indorsement - Anomalous Indorsement - Ucc 3-205.
Section 1303.26 | Restrictive Indorsement - Ucc 3-206.
Section 1303.27 | Reacquisition - Ucc 3-207.
Section 1303.31 | Person Entitled to Enforce Instrument - Ucc 3-301.
Section 1303.32 | Holder in Due Course - Ucc 3-302.
Section 1303.33 | Value and Consideration - Ucc 3-303.
Section 1303.34 | Overdue Instrument - Ucc 3-304.
Section 1303.35 | Defenses and Claims in Recoupment - Ucc 3-305.
Section 1303.37 | Notice of Breach of Fiduciary Duty - Ucc 3-307.
Section 1303.38 | Enforcement of Lost, Destroyed or Stolen Instrument - Ucc 3-309.
Section 1303.39 | Effect of Instrument on Obligation for Which Taken - Ucc 3-310.
Section 1303.40 | Accord and Satisfaction by Use of Instrument - Ucc 3-311.
Section 1303.41 | Signature - Ucc 3-401.
Section 1303.42 | Signature by Representative - Ucc 3-402.
Section 1303.43 | Unauthorized Signature - Ucc 3-403.
Section 1303.44 | Impostors - Fictitious Payees - Ucc 3-404.
Section 1303.45 | Drawee Not Liable on Unaccepted Draft - Ucc 3-408.
Section 1303.46 | Acceptance of Draft - Certified Check - Ucc 3-409.
Section 1303.47 | Employer's Responsibility for Fraudulent Indorsement by Employee - Ucc 3-405.
Section 1303.48 | Acceptance Varying Draft - Ucc 3-410.
Section 1303.50 | Alteration - Ucc 3-407.
Section 1303.51 | Refusal to Pay Cashier's Checks, Teller's Checks and Certified Checks - Ucc 3-411.
Section 1303.52 | Obligation of Issuer of Note or Cashier's Check - Ucc 3-412.
Section 1303.53 | Obligation of Acceptor - Ucc 3-413.
Section 1303.54 | Obligation of Drawer - Ucc 3-414.
Section 1303.55 | Obligation of Indorser - Ucc 3-415.
Section 1303.56 | Transfer Warranties - Ucc 3-416.
Section 1303.57 | Presentment Warranties - Ucc 3-417.
Section 1303.58 | Payment or Acceptance by Mistake - Ucc 3-418.
Section 1303.59 | Instruments Signed for Accommodation - Ucc 3-419.
Section 1303.60 | Conversion of Instrument - Ucc 3-420.
Section 1303.61 | Presentment - Ucc 3-501.
Section 1303.62 | Dishonor - Ucc 3-502.
Section 1303.63 | Notice of Dishonor - Ucc 3-503.
Section 1303.64 | Excused Presentment and Notice of Dishonor - Ucc 3-504.
Section 1303.65 | Evidence of Dishonor - Ucc 3-505.
Section 1303.66 | Discharge and Effect of Discharge - Ucc 3-601.
Section 1303.67 | Payment - Ucc 3-602.
Section 1303.68 | Tender of Payment - Ucc 3-603.
Section 1303.69 | Discharge by Cancellation or Renunciation - Ucc 3-604.
Section 1303.70 | Discharge of Secondary Obligors - Ucc 3-605.