122: Estoppel against denying signature or capacity of prior party
The Negotiable Instruments Act · Federal Acts · Chapter XIII · in_force
Discuss this provision with AI
No indorser of a negotiable instrument shall, in a suit thereon by a subsequent holder, be permitted to deny the signature or capacity to contract of any prior party to the instrument. [SPECIAL PROVISIONS RELATING TO CHEQUES]
Effective date: 1881-12-09
Related sections
Version 1 · Source-traceable official reference. LawHub does not modify the official record.