A rule set forth in Uniform Commercial Code § 3-404(a) providing that an indorsement of a check by an imposter is deemed to be effective if the imposter induced the issuance of the instrument to either the imposter or a person acting in concert with the imposter.
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— State Security Check Cashing, Inc. v. American General Financial Services (DE)
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— Title Insurance Co. of Minnesota v. Comerica Bank-California
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