Okla. Stat. tit. 12A, § 12A-3-402
This is the official text of Okla. Stat. tit. 12A, § 12A-3-402, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Signature by Representative
Official statutory text
SIGNATURE BY REPRESENTATIVE
(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 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, 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; and
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 307
(2) Subject to subsection (c) of this section, if (i) the
form of the signature does not show unambiguously that
the signature is made in a representative capacity or
(ii) 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.
(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 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, 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; and
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 307
(2) Subject to subsection (c) of this section, if (i) the
form of the signature does not show unambiguously that
the signature is made in a representative capacity or
(ii) 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.
Status: in_force · Read it on the official government site
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