Current through the 2024 Legislative Session
Section 382-A:3-301 - Person Entitled to Enforce Instrument"Person entitled to enforce" an instrument means
(i) the holder of the instrument,(ii) a nonholder in possession of the instrument who has the rights of a holder, or(iii) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to Section 3-309 or 3-418(d). 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, 346:1, eff. Jan. 1, 1994.