Any unauthorized indorsement must be asserted within one year under the UCC's statute of limitations provision.

Name: Any unauthorized indorsement must be asserted within one year under the UCC's statute of limitations provision.
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Question

Quizplus · Accepted Answer

The Uniform Commercial Code (UCC) does not specify a one-year statute of limitations for asserting claims against unauthorized endorsements. The statute of limitations can vary depending on the type of claim and the jurisdiction.

Any Unauthorized Indorsement Must Be Asserted Within One Year Under