Singapore legislation

Section 23

of Bills of Exchange Act 1949

Section 23

Signature essential to liability

(1)

Subject to this section, no person is liable as drawer, indorser, or acceptor of a bill who has not signed it as such.

(2)

Where a person signs a bill in a trade or assumed name, he is liable thereon as if he had signed it in his own name.

(3)

The signature of the name of a firm is equivalent to the signature by the person so signing of the names of all persons liable as partners in that firm.