Document ID: chunk:federal_register_of_legislation:C2012C00128:section:31
Version: federal_register_of_legislation:C2012C00128
Segment Type: section
Provision Reference: s 31
Character Range: 22372–23121

31  Person signing as agent or in representative capacity

 (1) Where a person signs a bill as drawer, indorser, or acceptor, and adds words to his or her signature, indicating that he or she signs for or on behalf of a principal, or in a representative character, he or she is not personally liable thereon; but the mere addition to his or her signature of words describing him or her as an agent, or as filling a representative character, does not exempt him or her from personal liability.

 (2) In determining whether a signature on a bill is that of the principal or that of the agent by whose hand it is written, the construction most favourable to the validity of the instrument shall be adopted.

Division 3—The consideration for a bill