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Page 289
... tion 3-405 . In revised Article 3 , Section 3-404 ( a ) gives Impostor the power to ne- gotiate the check in both cases . 2. Subsection ( b ) is based in part on former Section 3-405 ( 1 ) ( b ) and in part on N.I.L. § 9 ( 3 ) . It ...
... tion 3-405 . In revised Article 3 , Section 3-404 ( a ) gives Impostor the power to ne- gotiate the check in both cases . 2. Subsection ( b ) is based in part on former Section 3-405 ( 1 ) ( b ) and in part on N.I.L. § 9 ( 3 ) . It ...
Page 299
... tion , this section gives the holder or the payor the alternative right to treat the al- tered instrument as though it had been issued in the altered form . No attempt is made to define particular conduct that will constitute " failure ...
... tion , this section gives the holder or the payor the alternative right to treat the al- tered instrument as though it had been issued in the altered form . No attempt is made to define particular conduct that will constitute " failure ...
Page 378
... tion maker against maker to recover amount paid with community funds upon maker's de- fault on promissory note , dismissing the accom- modation maker and permitting her husband , in his capacity as head and master of community , to ...
... tion maker against maker to recover amount paid with community funds upon maker's de- fault on promissory note , dismissing the accom- modation maker and permitting her husband , in his capacity as head and master of community , to ...
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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paid payee payee's payment person plaintiff Presumptions and burden Prior Laws promise promissory note purchase recover repealed seller signature signed Statutory Notes subject matter Subsection Table 1 preceding thereof tion transfer Uniform Commercial Code warranty Westlaw Electronic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