 But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed.  The Pacific Reporter - Page 441925Full view - About this book
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...conies into the hands of a holder in due course. As against such a holder a valid delivery ot the bill by all parties prior to him so as to make them liable is, under a proviso to 5.21(2), conclusively presumed. 323. UCC. - There is no express provision in... | |
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