§ 70A-3-401 Signature
§ 70A-3-402 Signature by representative
§ 70A-3-403 Unauthorized signature
§ 70A-3-404 Impostors — Fictitious payees
§ 70A-3-405 Employer’s responsibility for fraudulent indorsement by employee
§ 70A-3-406 Negligence contributing to forged signature or alteration of instrument
§ 70A-3-407 Alteration
§ 70A-3-408 Drawee not liable on unaccepted draft
§ 70A-3-409 Acceptance of draft — Certified check
§ 70A-3-410 Acceptance varying draft
§ 70A-3-411 Refusal to pay cashier’s checks, teller’s checks, and certified checks
§ 70A-3-412 Obligation of issuer of note or cashier’s check
§ 70A-3-413 Obligation of acceptor
§ 70A-3-414 Obligation of drawer
§ 70A-3-415 Obligation of indorser
§ 70A-3-416 Transfer warranties
§ 70A-3-417 Presentment warranties
§ 70A-3-418 Payment or acceptance by mistake
§ 70A-3-419 Instruments signed for accommodation
§ 70A-3-420 Conversion of instrument

Terms Used In Utah Code > Title 70A > Chapter 3 > Part 4 - Liability of Parties

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: means :Utah Code 68-3-12.5
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Signature: includes a name, mark, or sign written with the intent to authenticate an instrument or writing. See Utah Code 68-3-12.5
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
  • Statute: A law passed by a legislature.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
  • Writing: includes :Utah Code 68-3-12.5