KRS 355.3-402: Signature by representative.
Where this section sits in the code
(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 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.
(2) 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:
(a) If the form of the signature shows unambiguous ly 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.
(b) Subject to subsection (3) of this section, if:
1. The form of the signature does not show unambig uously that the
signature is made in a representative capacity or;
2. 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 rep resentative 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.
(3) 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 no t liable on the
check if the signature is an authorized signature of the represented person.
Collected 2026-09-05T20:58:44Z. Source file · JSON