Section 7-3-407 Alteration.
The section defines “alteration” and says a fraudulently altered instrument can discharge an affected party unless that party assents or is otherwise precluded; some banks and good-faith value takers may enforce rights under original or completed terms.
- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
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fraudulent alteration instrument enforcement negotiable instruments
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Section 7-3-407 Alteration.
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