11 §3-1301. Person entitled to enforce instrument - Maine Statutes

Title 11: UNIFORM COMMERCIAL CODE

Article 3-A: NEGOTIABLE INSTRUMENTS HEADING: PL 1993, C. 293, PT, A, §2 (NEW)

Part 3: ENFORCEMENT OF INSTRUMENTS HEADING: PL 1993, C. 293, PT. A, §2 (NEW)

§3-1301. Person entitled to enforce instrument

"Person entitled to enforce" an instrument means: [1993, c. 293, Pt. A, §2 (NEW).]

(1). The holder of the instrument;

(2). A nonholder in possession of the instrument who has the rights of a holder; or

[ 1993, c. 293, Pt. A, §2 (NEW) .]

(3). A person not in possession of the instrument who is entitled to enforce the instrument pursuant to section 3-1309 or 3-1418, subsection (4). A person may be a person entitled to enforce the instrument even though the person is not the owner of the instrument or is in wrongful possession of the instrument.

[ 1993, c. 293, Pt. A, §2 (NEW) .]

SECTION HISTORY

1993, c. 293, §A2 (NEW). 1993, c. 293, Pt. A, §2 (NEW).