§12A-3-110.

§12A-3-110.
   
           IDENTIFICATION OF PERSON TO WHOM INSTRUMENT IS PAYABLE
                                      
   (a) The person to whom an instrument is initially payable is
   determined by the intent of the person, whether or not authorized,
   signing as, or in the name or behalf of, the issuer of the instrument.
   The instrument is payable to the person intended by the signer even if
   that person is identified in the instrument by a name or other
   identification that is not that of the intended person. If more than
   one person signs in the name or behalf of the issuer of an instrument
   and all the signers do not intend the same person as payee, the
   instrument is payable to any person intended by one or more of the
   signers.
   
   (b) If the signature of the issuer of an instrument is made by
   automated means, such as a check-writing machine, the payee of the
   instrument is determined by the intent of the person who supplied the
   name or identification of the payee, whether or not authorized to do
   so.
   
   (c) A person to whom an instrument is payable may be identified in any
   way, including by name, identifying number, office, or account number.
   For the purpose of determining the holder of an instrument, the
   following rules apply:
   
   (1) If an instrument is payable to an account and the account is
   identified only by number, the instrument is payable to the person to
   whom the account is payable. If an instrument is payable to an account
   identified by number and by the name of a person, the instrument is
   payable to the named person, whether or not that person is the owner
   of the account identified by number.
   
   (2) If an instrument is payable to:
   
   (i) a trust, an estate, or a person described as trustee or
   representative of a trust or estate, the instrument is payable to the
   trustee, the representative, or a successor of either, whether or not
   the beneficiary or estate is also named;
   
   (ii) a person described as agent or similar representative of a named
   or identified person, the instrument is payable to the represented
   person, the representative, or a successor of the representative;
   
   (iii) a fund or organization that is not a legal entity, the
   instrument is payable to a representative of the members of the fund
   or organization; or
   
   (iv) an office or to a person described as holding an office, the
   instrument is payable to the named person, the incumbent of the
   office, or a successor to the incumbent.
   
   (d) If an instrument is payable to two or more persons alternatively,
   it is payable to any of them and may be negotiated, discharged, or
   enforced by any or all of them in possession of the instrument. If an
   instrument is payable to two or more persons not alternatively, it is
   payable to all of them and may be negotiated, discharged, or enforced
   only by all of them. If an instrument payable to two or more persons
   is ambiguous as to whether it is payable to the persons alternatively,
   the instrument is payable to the persons alternatively.