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California Commercial Code

§ 4207

COM § 4207 Effective Jan 1, 1997Div. 4 · Ch. 2

Statute text

View on leginfo.ca.gov
(a)A customer or collecting bank that transfers an item and receives a settlement or other consideration warrants to the transferee and to any subsequent collecting bank that all of the following are applicable:
(1)The warrantor is a person entitled to enforce the item.
(2)All signatures on the item are authentic and authorized.
…

Legislative history

Amended by Stats. 1996, Ch. 316, Sec. 5. Effective January 1, 1997.

Source: California Commercial Code § 4207 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.