Examlex
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Indorsement
The act of signing one's name on the back of a check or other negotiable instrument for the purpose of transferring ownership or to approve the terms.
Action
A legal term referring to a civil lawsuit or proceeding initiated to protect a right or redress a grievance.
Revised Article 3
Refers to updates made to Article 3 of the Uniform Commercial Code that governs negotiable instruments, including checks and drafts, in the United States.
Fraudulent Indorsements
Fraudulent indorsements occur when a person illegally signs a document on behalf of another without permission or authority, often to misappropriate funds.
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