Estoppel against denying signature bars an indorser from contesting prior parties' signature or capacity in holder suits. Estoppel bars an indorser in a suit by a subsequent holder from denying the signature or capacity to contract of any prior party to a negotiable ... Summary
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Estoppel against denying signature bars an indorser from contesting prior parties' signature or capacity in holder suits.
Estoppel bars an indorser in a suit by a subsequent holder from denying the signature or capacity to contract of any prior party to a negotiable instrument, serving as an evidential restriction to protect subsequent holders and preserve negotiability.
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