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Page 94
... Subsection ( c ) ( 2 ) replaces former Section 3-117 and subsection ( 1 ) ( e ) , ( f ) , and ( g ) of former Section 3-110 . This provision merely determines who can deal with an instrument as a holder . It does not determine ownership ...
... Subsection ( c ) ( 2 ) replaces former Section 3-117 and subsection ( 1 ) ( e ) , ( f ) , and ( g ) of former Section 3-110 . This provision merely determines who can deal with an instrument as a holder . It does not determine ownership ...
Page 205
... Subsection ( a ) is a restatement of former Section 3-303 and subsection ( b ) replaces former Section 3-408 . The dis- tinction between value and consideration in Article 3 is a very fine one . Whether an instrument is taken for value ...
... Subsection ( a ) is a restatement of former Section 3-303 and subsection ( b ) replaces former Section 3-408 . The dis- tinction between value and consideration in Article 3 is a very fine one . Whether an instrument is taken for value ...
Page 340
... Subsection ( a ) is discharged . ( d ) If a draft is accepted by a bank after an indorsement is made , the liability of the indorser under Subsection ( a ) is discharged . ( e ) If an indorser of a check is liable under Subsection ( a ) ...
... Subsection ( a ) is discharged . ( d ) If a draft is accepted by a bank after an indorsement is made , the liability of the indorser under Subsection ( a ) is discharged . ( e ) If an indorser of a check is liable under Subsection ( a ) ...
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Common terms and phrases
acceptance acceptor accommodation party action agreement alleged American Law Reports amount Article Bank & Trust Bank of Louisiana Bills and Notes blank burden of proof cashier's check certificate claim comaker Commercial Laws consist of R.S. corporation Credit creditor debt defense demand demand note deposit depositary bank discharge draft drawee drawee bank drawer due course Edition or ULA effective failure of consideration forged form Commercial Code former Section fraud Historical and Statutory holder in due indorser instru La.Ann La.App liability Louisiana maker Master Edition maturity mortgage note negotiable instrument notary notes preceding R.S. notice of dishonor notice of protest obligation Orleans paid payee payee's payment person plaintiff Presumptions and burden Prior Laws promise promissory note purchase recover repealed seller signature signed Statutory Notes subject matter Subsection Table 1 preceding thereof tion transfer Uniform Commercial Code warranty Westlaw Electronic Research writ denied