N.Y. UCC Law § 3-405
This is the official text of N.Y. UCC Law § 3-405, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Impostors; Signature in Name of Payee
Official statutory text
Section 3--405. Impostors; Signature in Name of Payee.\n (1) An indorsement by any person in the name of a named payee is\neffective if\n (a) an impostor by use of the mails or otherwise has induced the\n maker or drawer to issue the instrument to him or his\n confederate in the name of the payee; or\n (b) a person signing as or on behalf of a maker or drawer intends\n the payee to have no interest in the instrument; or\n (c) an agent or employee of the maker or drawer has supplied him\n with the name of the payee intending the latter to have no\n such interest.\n (2) Nothing in this section shall affect the criminal or civil\nliability of the person so indorsing.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.