Liability.

CFR · 2024-01-01 · US · Title 12

(a) (b) (c) (d) (i) Adversely affects the ability of a subsequent bank to indorse the check legibly in accordance with § 229.35; or (ii) Causes an indorsement that previously was applied in accordance with § 229.35 to become illegible. (2) Responsibility under this paragraph (d) shall be treated as negligence of the paying bank, depositary bank, or reconverting bank for purposes of paragraph (c) of this section. (e) (f) (g) (h) (i) (2) (3)

official document · source cfr-2024 · id 12:§ 229.38