Maker - sustany/dvg GitHub Wiki

A �maker� is a person who makes, frames, executes, or ordains. Some common uses of the term �maker� in a legal sense include:�

  • In the context of a check or promissory note, a �maker� is the person who signs a check or promissory note, which makes that person responsible for payment.
  • �Maker� may also refer to a person who endorses a check or a note to another person before it is delivered, which makes the endorser obligated to pay until it is delivered.
  • In the context of securities law, cases such as this one from Georgia, explain that �a corporate officer or director may be responsible for a violation of the anti-fraud provisions of the federal securities laws if he or she is the �maker� of the statement at issue, i.e., the person or entity with ultimate authority over the statement, including its content and whether and how to communicate it.�