Legal Question in Banking Law in Utah
We are a 501(c)3 agency staffed largely by volunteers. Volunteers sign our checks. What is their legal liability as check signers? Does it go beyond guaranteeing payment? That is, are they exposed legally for other financial issues unrelated to particular checks they might sign?
Asked on 10/11/10, 10:32 am
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
If the signer is authorized, they do not have personal liability so long as they issue checks in good faith and with a reasonable belief that there are funds available to cover the check.
Answered on 10/16/10, 8:57 pm
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