{"data":{"id":"us-ga/o.c.g.a.-11-3-407","jurisdiction":"us-ga","citation":"O.C.G.A. § 11-3-407","heading":"Alteration.","body":"(a) “Alteration” means (i) an unauthorized change in an instrument that purports to modify in any respect the obligation of a party; or (ii) an unauthorized addition of words or numbers or other change to an incomplete instrument relating to the obligation of a party.\n(b) Except as provided in subsection (c) of this Code section, an alteration fraudulently made discharges a party whose obligation is affected by the alteration unless that party assents or is precluded from asserting the alteration. No other alteration discharges a party, and the instrument may be enforced according to its original terms.\n(c) A payor bank or drawee paying a fraudulently altered instrument or a person taking it for value, in good faith and without notice of the alteration, may enforce rights with respect to the instrument (i) according to its original terms; or (ii) in the case of an incomplete instrument altered by unauthorized completion, according to its terms as completed.","path":["TITLE 11 Commercial Code","Article 3 Negotiable Instruments","PART 4 Liability of Parties"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.11.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"66f246236be31cbc6ef26da82a9750cb89140e70368f2349467d321a984f8a27","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-11-3-406","next":"us-ga/o.c.g.a.-11-3-408"},"notice":"GroundRules: Original legal text. Not legal advice."}