B-177925:
Jul 13, 1973
SINCE THE CHECK ISSUED TO AN OUT-OF-STATE PAYEE WAS NEGOTIATED ON AN ENDORSEMENT MADE BY AN "UNAUTHORIZED SIGNATURE" WITHIN THE MEANING OF THAT TERM AS PRESCRIBED BY THE UNIFORM COMMERCIAL CODE ADOPTED BY GEORGIA. THE IMPROPER NEGOTIATION WAS DUE TO NO FAULT OF THE PAYEE WHO HAD BEEN ISSUED AND CASHED A SUBSTITUTE CHECK AND. PASSAGE OF VALID TITLE TO THE BANK WAS PRECLUDED. THE FRAUDULENT NEGOTIAT...
