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Page 204
... issued or transferred for value if : ( 1 ) the instrument is issued or transferred for a promise of performance , to the extent the promise has been performed , or the holder has in good faith changed his position in reliance on it , in ...
... issued or transferred for value if : ( 1 ) the instrument is issued or transferred for a promise of performance , to the extent the promise has been performed , or the holder has in good faith changed his position in reliance on it , in ...
Page 205
... issued for value it is also issued for consideration . Case # 1. X owes Y $ 1,000 . The debt is not represented by a note . Later X issues a note to Y for the debt . Under subsection ( a ) ( 3 ) X's note is issued for value . Under ...
... issued for value it is also issued for consideration . Case # 1. X owes Y $ 1,000 . The debt is not represented by a note . Later X issues a note to Y for the debt . Under subsection ( a ) ( 3 ) X's note is issued for value . Under ...
Page 222
... issued for valuable consideration merely by bringing out on cross - examination of bearer of note during suit by bearer to collect balance due that note had been issued to replace previous note without transfer of any additional consid ...
... issued for valuable consideration merely by bringing out on cross - examination of bearer of note during suit by bearer to collect balance due that note had been issued to replace previous note without transfer of any additional consid ...
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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paid payee payee's payment person plaintiff Presumptions and burden Prior Laws promise promissory note purchase recover repealed seller signature signed Statutory Notes subject matter Subsection Table 1 preceding thereof tion transfer Uniform Commercial Code warranty Westlaw Electronic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