2010 New York Code
UCC - Uniform Commercial Code
Article 3 - COMMERCIAL PAPER
Part 3 - (3-301 - 3-307) RIGHTS OF A HOLDER
3-301 - Rights of a Holder.

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Section 3--301. Rights of a Holder.
    The  holder  of  an  instrument  whether  or  not  he is the owner may
  transfer or negotiate it and, except as otherwise  provided  in  Section
  3--603  on  payment  or satisfaction, discharge it or enforce payment in
  his own name.

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