Nevada § 104.3402 - Signature by representative

§ 104.3402. Signature by representative

1. If a person acting, or purporting to act, as a representative signs an instrument

by signing either the name of the represented person or the name of the signer, the

represented person is bound by the signature to the same extent he or she would be

bound if the signature were on a simple contract. If the represented person is bound, the signature of the representative is the “authorized

signature of the represented person” and the represented person is liable on the instrument,

whether or not identified in the instrument. 2. If a representative signs his or her own name to an instrument and the signature

is an authorized signature of the represented person, the following rules apply: (a) If the form of the signature shows unambiguously that the signature is made on

behalf of the represented person who is identified in the instrument, the representative

is not liable on the instrument. (b) Except as otherwise provided in subsection 3, if the form of the signature does

not show unambiguously that the signature is made in a representative capacity or

the represented person is not identified in the instrument, the representative is

liable on the instrument to a holder in due course that took the instrument without

notice that the representative was not intended to be liable on the instrument. With respect to any other person, the representative is liable on the instrument unless

the representative proves that the original parties did not intend the representative

to be liable on the instrument. 3. If a representative signs his or her own name as drawer of a check without indication

of the representative status and the check is payable from an account of the represented

person who is identified on the check, the signer is not liable on the check if the

signature is an authorized signature of the represented person.