Laws of New York (Last Updated: November 21, 2014) |
UCC Uniform Commercial Code |
Article 3. COMMERCIAL PAPER |
Part 8. MISCELLANEOUS |
Section 3--805. Instruments Not Payable to Order or to Bearer
Latest version.
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This Article applies to any instrument whose terms do not preclude transfer and which is otherwise negotiable within this Article but which is not payable to order or to bearer, except that there can be no holder in due course of such an instrument.