Reference no: EM131660139

Question: Liability of the Agent. Robert Helmer and Percy Helmer, Jr., were authorized signatories on the corporate checking account of Event Marketing, Inc. The Helmers signed a check drawn on Event Marketing's account and issued to Rumarson Technologies, Inc. (RTI), in the amount of $24,965. The check was signed on July 13, 1998, but dated August 14. When RTI presented the check for payment, it was dishonored due to insufficient funds. RTI filed a suit in a Georgia state court against the Helmers to collect the amount of the check. Claiming that the Helmers were personally liable on Event Marketing's check, RTI filed a motion for summary judgment. Can an authorized signatory on a corporate account be held personally liable for corporate checks returned for insufficient funds? Are the Helmers liable in this case? Discuss. [Helmer v. Rumarson Technologies, Inc., 538 S.E.2d 504 (Ga.App. 2000)]