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Pennsylvania Court Enforces 30-Day Deadline For Customer To Report Forged Indorsements To Drawee Bank

LexisNexis (June 11, 2018, 1:21 PM EDT) --  It's black-letter law that a customer must report a forged drawer's signature or an alteration to the customer's bank (the drawee) within one year of receiving the monthly statement that relates to the unauthorized debit. UCC 4-406(f). Moreover, based on the freedom of contract principle found in UCC 4-103(a), the one-year statutory deadline can be reduced by the deposit agreement to a much shorter deadline such as 30 days.

But what if the check fraud involves unauthorized indorsements of checks where the drawer's signature is not forged? ...
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