Commercial Code [Drafts] (Group No. 1), Issue 1American Law Institute, 1946 - Banks and banking |
Contents
Seal | 12 |
Holder in due course | 40 |
Title derived through holder in due course | 46 |
Copyright | |
9 other sections not shown
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Common terms and phrases
acceleration acceptance according adopted agent agreed agreement amount appear application arising assignment authority Bank become bill blank burden certification claim clause clear common complete conditional consideration contract courts covered deal defense definite delivery demand discharge drawee drawn due course effect establishing evidence exist express fact funds give given hands held holder in due holding includes indicate indorsement instru instrument payable intended interest Iowa issue John language liability limited maker Mass means ment merely Minn necessary negotiable negotiable instrument notice obligation Original Act original Section otherwise paid Paragraph particular party payable to bearer payee payment person presentment principal provision purchaser question reason reference rejects remains result rule separate signature signed specified statute strument Subsection takes third tion transaction treated Trust unauthorized unless writing written