Signature in Ambiguous Capacity

5 CMC § 3402 — under Liability of Parties.

5 CMC § 3402

TITLE 5: UNIFORM COMMERCIAL CODE

DIVISION 3: COMMERCIAL PAPER

§ 3402. Signature in Ambiguous Capacity. Unless the instrument clearly indicates that a signature is made in some other capacity it is an indorsement. Source: PL 3-56, § 1 (§ 3402).