Acceptance of bill in fictitious name does not relieve acceptor where endorsement by same hand confers holder in due course. Acceptance of a bill of exchange drawn in a fictitious name and payable to the drawer's order does not, because the name is fictitious, relieve the acceptor from liability to any holder in due course claiming under an endorsement by the same hand as the drawer's signature purporting to be made by the drawer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Acceptance of bill in fictitious name does not relieve acceptor where endorsement by same hand confers holder in due course.
Acceptance of a bill of exchange drawn in a fictitious name and payable to the drawer's order does not, because the name is fictitious, relieve the acceptor from liability to any holder in due course claiming under an endorsement by the same hand as the drawer's signature purporting to be made by the drawer.
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