3301 - Person entitled to enforce instrument. - Pennsylvania Statutes

CHAPTER 33 ENFORCEMENT OF INSTRUMENTS Sec. 3301. Person entitled to enforce instrument. 3302. Holder in due course. 3303. Value and consideration. 3304. Overdue instrument. 3305. Defenses and claims in recoupment. 3306. Claims to an instrument. 3307. Notice of breach of fiduciary duty. 3308. Proof of signatures and status as holder in due course. 3309. Enforcement of lost, destroyed or stolen instrument. 3310. Effect of instrument on obligation for which taken. 3311. Accord and satisfaction by use of instrument. 3312. Lost, destroyed or stolen cashier's check, teller's check or certified check. Enactment. Chapter 33 was added July 9, 1992, P.L.507, No.97, effective in one year. Prior Provisions. Former Chapter 33, which related to rights of a holder, was added November 1, 1979, P.L.255, No.86, and repealed July 9, 1992, P.L.507, No.97, effective in one year. § 3301. Person entitled to enforce instrument. "Person entitled to enforce" an instrument means: (1) the holder of the instrument; (2) a nonholder in possession of the instrument who has the rights of a holder; or (3) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to section 3309 (relating to enforcement of lost, destroyed or stolen instrument) or 3418(d) (relating to payment or acceptance by mistake). 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. Cross References. Section 3301 is referred to in sections 3103, 3308, 4104 of this title.