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Page 265
... entitled to enforce the check ( Section 3-301 ) and OB is not discharged under Section 3-602 ( a ) . Thus , under sub- section ( b ) ( 4 ) , because OB did not pay a person entitled to enforce the check , OB must pay P. OB's remedy is ...
... entitled to enforce the check ( Section 3-301 ) and OB is not discharged under Section 3-602 ( a ) . Thus , under sub- section ( b ) ( 4 ) , because OB did not pay a person entitled to enforce the check , OB must pay P. OB's remedy is ...
Page 290
... entitled to enforce the check . The check is pre- sented to the drawee bank for payment and payment is made . Thief then with- draws the credit to the account . Al- though the check was issued without authority given by Corporation ...
... entitled to enforce the check . The check is pre- sented to the drawee bank for payment and payment is made . Thief then with- draws the credit to the account . Al- though the check was issued without authority given by Corporation ...
Page 381
... entitled to enforce the instrument is not liable in conversion to that person beyond the amount of any proceeds that it has not paid out . ( e ) Nothing in this Section prevents the owner of an instrument that has been wrongfully taken ...
... entitled to enforce the instrument is not liable in conversion to that person beyond the amount of any proceeds that it has not paid out . ( e ) Nothing in this Section prevents the owner of an instrument that has been wrongfully taken ...
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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paid payee payee's payment person plaintiff Presumptions and burden Prior Laws promise promissory note purchase recover repealed seller signature signed Statutory Notes subject matter Subsection Table 1 preceding thereof tion transfer Uniform Commercial Code warranty Westlaw Electronic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