Section 33 Liability of Maker
| Library | Commercial Law 2007 |
The maker of a note is the person who signs it or is identified in it as a person undertaking to pay the instrument. Section 400.3-103(a)(5), RSMo Supp. 2006. By signing the note, the maker agrees to pay the instrument according to its terms at the time it was issued or, if not issued, at the time it first came into possession of a holder, or as completed if the note was incomplete when signed to the extent permitted under § 400.3-115, RSMo 2000, regarding incomplete instruments and § 400.3-407, RSMo 2000...
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