Acceptor or indorser bound despite prior alteration, preserving enforceability of acceptance or indorsement on negotiable instruments. An acceptor or indorser of a negotiable instrument remains bound by his acceptance or indorsement even where the instrument has been previously altered; ... Summary
Acceptor or indorser bound despite prior alteration, preserving enforceability of acceptance or indorsement on negotiable instruments.
An acceptor or indorser of a negotiable instrument remains bound by his acceptance or indorsement even where the instrument has been previously altered; prior alterations do not discharge the acceptor's or indorser's liability and the binding effect of acceptance and indorsement is preserved for enforcement.
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