§ 3308. Proof of signatures and status as holder in due course.
(a) Proof of signatures.--In an action with respect to an instrument, the authenticity of, and authority to make, each signature on the instrument is admitted unless specifically denied in the pleadings. If the validity of a signature is denied in the pleadings, the burden of establishing validity is on the person claiming validity, but the signature is presumed to be authentic and authorized unless the action is to enforce the liability of the purported signer and the signer is dead or incompetent at the time of trial of the issue of validity of the signature. If an action to enforce the instrument is brought against a person as the undisclosed principal of a person who signed the instrument as a party to the instrument, the plaintiff has the burden of establishing that the defendant is liable on the instrument as a represented person under section 3402(a) (relating to signature by representative).
(b) Status as holder in due course.--If the validity of signatures is admitted or proved and there is compliance with subsection (a), a plaintiff producing the instrument is entitled to payment if the plaintiff proves entitlement to enforce the instrument under section 3301 (relating to person entitled to enforce instrument), unless the defendant proves a defense or claim in recoupment. If a defense or claim in recoupment is proved, the right to payment of the plaintiff is subject to the defense or claim, except to the extent the plaintiff proves that the plaintiff has rights of a holder in due course which are not subject to the defense or claim.
Cross References. Section 3308 is referred to in section 3309 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 33 - Enforcement of Instruments
Section 3301 - Person entitled to enforce instrument
Section 3302 - Holder in due course
Section 3303 - Value and consideration
Section 3304 - Overdue instrument
Section 3305 - Defenses and claims in recoupment
Section 3306 - Claims to an instrument
Section 3307 - Notice of breach of fiduciary duty
Section 3308 - Proof of signatures and status as holder in due course
Section 3309 - Enforcement of lost, destroyed or stolen instrument
Section 3310 - Effect of instrument on obligation for which taken
Section 3311 - Accord and satisfaction by use of instrument
Section 3312 - Lost, destroyed or stolen cashier's check, teller's check or certified check