Laws of New York (Last Updated: November 21, 2014) |
UCC Uniform Commercial Code |
Article 3. COMMERCIAL PAPER |
Part 1. SHORT TITLE, FORM AND INTERPRETATION |
Section 3--111. Payable to Bearer
Latest version.
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An instrument is payable to bearer when by its terms it is payable to (a) bearer or the order of bearer; or (b) a specified person or bearer; or (c) "cash" or the order of "cash", or any other indication which does not purport to designate a specific payee.