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At this point in time, it appears that the predictions of Thomas Malthus have come true.
Reasonable Identification
Identification that is deemed sufficient by law or regulation to reliably establish an individual’s identity.
Notification of Dishonor
A formal notice given to the parties involved in a negotiable instrument (like a check or promissory note) indicating that payment has failed or been refused.
Drawer Secondarily Liable
The obligation of the drawer of a negotiable instrument, such as a check, to pay if the primary party fails to do so.
Fraudulent Alteration
Altering a document without permission with the goal of misleading or committing fraud.
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