(For Effective Date, See note.) Liability of Person Signing Instrument as Agent or Fiduciary

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An instrument signed by one as agent, trustee, conservator, guardian, administrator, executor, or the like, without more, shall be the individual undertaking of the maker, except as otherwise provided by Code Sections 11-3-402, 13-5-30, 29-2-21, 29-3-21, 29-4-22, 29-5-22, 53-8-14, and 53-12-308, such words being generally words of description.

(Civil Code 1895, § 2998; Civil Code 1910, § 3570; Code 1933, § 4-401; Ga. L. 1997, p. 143, § 10; Ga. L. 2020, p. 377, § 2-9/HB 865.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 3 Am. Jur. 2d, Agency, §§ 167 et seq., 192 et seq., 302 et seq.

C.J.S.

- 2A C.J.S., Agency, § 250 et seq.

ALR.

- Personal liability of broker for breach of contract by his principal, 6 A.L.R. 641.

Regulations, rules, custom, or usage of stock or produce exchange or of stock or produce broker as affecting customers, 79 A.L.R. 592.

Right to join agent and undisclosed principal in same action, 118 A.L.R. 701.

Exceptions to rule which permits suit by or against undisclosed principal, 130 A.L.R. 664.


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