MCL - Index of 174-1962-3-4

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
174-1962-3-4 PART 4 LIABILITY OF PARTIES (440.3401...440.3420)
Section 440.3401 Liability; signature.
Section 440.3402 Liability of parties; signature by authorized representative.
Section 440.3403 Unauthorized signature; effect.
Section 440.3404 Imposter; inducing issuance of instrument; endorsement in name of payee; failure to exercise ordinary care.
Section 440.3405 Definitions; fraudulent endorsement by employee or person acting in concert with employee.
Section 440.3406 Failure to exercise ordinary care contributing to alteration or forged instrument; allocation of loss; burden of proof.
Section 440.3407 Alteration; definition; discharge of party affected; enforcement of rights.
Section 440.3408 Check or draft; operation as assignment.
Section 440.3409 Acceptance of draft; definition; operation; “certified check” defined; refusal to certify.
Section 440.3410 Acceptance varying from terms of draft.
Section 440.3411 Obligated bank; definition; refusal to pay check; expenses or damages not recoverable.
Section 440.3412 Note, cashier's check, or other draft; obligation of issuer to pay according to terms.
Section 440.3413 Draft; obligation to pay according to terms; amount.
Section 440.3414 Applicability of section; unaccepted draft; dishonor; payment according to terms; acceptance by bank; discharge of drawer; obligation of drawer if acceptor not bank and draft dishonored; disclaimer of liability; suspension of payments after expiration of 30-day period.
Section 440.3415 Dishonored instrument; obligation and liability of endorser.
Section 440.3416 Transfer of instrument for consideration; endorsement; warranties.
Section 440.3417 Presentment of unaccepted or dishonored draft; rights of parties.
Section 440.3418 Payment or acceptance by mistake.
Section 440.3419 Accommodation parties.
Section 440.3420 Conversion.