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Statutes > New York Laws > UCC - Uniform Commercial Code > Article 3 - COMMERCIAL PAPER > Part 1 - (3-101 - 3-122) SHORT TITLE, FORM AND INTERPRETATION > 3-111 - Payable to Bearer.

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NEW YORK STATUTES AND CODES

3-111 - Payable to Bearer.

Section 3--111. Payable to Bearer. An instrument is payable to bearer when by its terms it is payable to (a) bearer or the order of bearer; or (b) a specified person or bearer; or (c) "cash" or the order of "cash", or any other indication which does not purport to designate a specific payee.

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