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2022 Indiana Code
Title 26. Commercial Law
Article 1. Uniform Commercial Code
Chapter 3.1. Negotiable Instruments
26-1-3.1-301. Person Entitled to Enforce Instrument
Universal Citation:
IN Code § 26-1-3.1-301 (2022)
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Sec. 301. "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 under IC 26-1-3.1-309 or IC 26-1-3.1-418(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.
As added by P.L.222-1993, SEC.5.
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