Florida Statutes Part IV - Liability Of Parties (Ss. 673.4011-673.4201)

• 673.4011 - Signature.
  (1) A person is not liable on an instrument unless:(a) The person signed the instrument; or(b) The person is represented by an agent or representative who signed the...
• 673.4021 - Signature By Representative.
  (1) 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...
• 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...
• 673.4041 - Impostors; Fictitious Payees.
  (1) If an impostor, by use of the mails or otherwise, induces the issuer of an instrument to issue the instrument to the impostor, or to...
• 673.4051 - Employer’s Responsibility For Fraudulent Indorsement By Employee.
  (1) In this section, the term:(a) “Employee” includes an independent contractor retained by the employer and also includes an employee of an independent contractor retained by the...
• 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...
• 673.4071 - Alteration.
  (1) The term “alteration” means:(a) An unauthorized change in an instrument which change purports to modify in any respect the obligation of a party; or(b) An unauthorized addition...
• 673.4081 - Drawee Not Liable On Unaccepted Draft.
  A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee which are available for...
• 673.4091 - Acceptance Of Draft; Certified Check.
  (1) The term “acceptance” means the drawee’s signed agreement to pay a draft as presented. Acceptance must be written on the draft and may consist of...
• 673.4101 - Acceptance Varying Draft.
  (1) If the terms of a drawee’s acceptance vary from the terms of the draft as presented, the holder may refuse the acceptance and treat the...
• 673.4111 - Refusal To Pay Cashier’s Checks, Teller’s Checks, And Certified Checks.
  (1) In this section, the term “obligated bank” means:(a) The acceptor of a certified check; or(b) The issuer of a cashier’s check or teller’s check bought from the...
• 673.4121 - Obligation Of Issuer Of Note Or Cashier’s Check.
  The issuer of a note or cashier’s check or other draft drawn on the drawer is obliged to pay the instrument:(1) According to its terms at...
• 673.4131 - Obligation Of Acceptor.
  (1) The acceptor of a draft is obliged to pay the draft:(a) According to its terms at the time it was accepted, even though the acceptance states...
• 673.4141 - Obligation Of Drawer.
  (1) This section does not apply to cashier’s checks or other drafts drawn on the drawer.(2) If an unaccepted draft is dishonored, the drawer is obliged to...
• 673.4151 - Obligation Of Indorser.
  (1) Subject to subsections (2), (3), and (4) and to s. 673.4191(4), if an instrument is dishonored, an indorser is obliged to pay the amount due...
• 673.4161 - Transfer Warranties.
  (1) A person who transfers an instrument for consideration warrants to the transferee and, if the transfer is by indorsement, to any subsequent transferee that:(a) The warrantor...
• 673.4171 - Presentment Warranties.
  (1) If an unaccepted draft is presented to the drawee for payment or acceptance and the drawee pays or accepts the draft, the person obtaining payment...
• 673.4181 - Payment Or Acceptance By Mistake.
  (1) Except as provided in subsection (3), if the drawee of a draft pays or accepts the draft and the drawee acted on the mistaken belief...
• 673.4191 - Instruments Signed For Accommodation.
  (1) If an instrument is issued for value given for the benefit of a party to the instrument (“accommodated party”) and another party to the instrument...
• 673.4201 - Conversion Of Instrument.
  (1) The law applicable to conversion of personal property applies to instruments. An instrument is also converted if it is taken by transfer, other than a...

Last modified: September 23, 2016