2013 North Carolina General Statutes
Chapter 25 - Uniform Commercial Code.
Article 3 - Negotiable Instruments.
Section 25-3-301 - Person entitled to enforce instrument.
25-3-301. 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 G.S. 25-3-309 or G.S. 25-3-418(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. (1995, c. 232, s. 1.)
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