Legal Question in Banking Law in Arizona

responsibilty as an authorized signer on a checking account

I signed a check as an authorized signer for the company I worked for. The company is no longer in business (it was an LLC).

The check in question bounced and I am now being personally sued. Am I responsible for the bounced check or should the fault lie on the owners of the company? I worked in accounts payable.

Asked on 9/13/06, 12:35 am

1 Answer from Attorneys

David Anderson Anderson Business Law LLC

Re: responsibilty as an authorized signer on a checking account

Was company in business when check was written?

How much was check for?

Were you aware of balance in account when check was written?

Read more
Answered on 9/13/06, 7:24 am


Related Questions & Answers

More Banking Law questions and answers in Arizona