Commerical Law - Negotiable Instruments - Uniform Commerical Code Section 3-419(3) Unavailable to a Collecting or Payor Bank as a Defense to an Action in Conversion by the True Owner for Paying Out the Face Value of the Instrument on a Forged Indorsement. Cooper v. Union Bank, 9 Cal. 3d 123, 507 P.2d 609, 107 Cal. Rptr. 1 (1973)

5 Rutgers Camden L.J. 319

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