From inside the book
Results 1-3 of 94
Page 324
... drawer , but not the signa- ture of the indorser . Howard v . Mississippi Val . Bank , 1876 , 28 La.Ann . 727 , 26 Am.Rep . § 3-414 . Obligation of drawer Ch . 3 105 ; McKleroy v . Southern Bank , 1859 , 14 La.Ann . 458 , 74 Am.Dec ...
... drawer , but not the signa- ture of the indorser . Howard v . Mississippi Val . Bank , 1876 , 28 La.Ann . 727 , 26 Am.Rep . § 3-414 . Obligation of drawer Ch . 3 105 ; McKleroy v . Southern Bank , 1859 , 14 La.Ann . 458 , 74 Am.Dec ...
Page 325
... drawer of an unaccepted draft is treated as a primary liability . Under for- mer Section 3–102 ( 1 ) ( d ) the term " sec- ondary party " was used to refer to a drawer or indorser . The quoted term is not used in revised Article 3. The ...
... drawer of an unaccepted draft is treated as a primary liability . Under for- mer Section 3–102 ( 1 ) ( d ) the term " sec- ondary party " was used to refer to a drawer or indorser . The quoted term is not used in revised Article 3. The ...
Page 537
... drawer or maker suffered no loss because it would have been liable to a holder in due course in any event . On this argu- ment some cases have held that payment cannot be stopped against a holder in due course . Payment can be stopped ...
... drawer or maker suffered no loss because it would have been liable to a holder in due course in any event . On this argu- ment some cases have held that payment cannot be stopped against a holder in due course . Payment can be stopped ...
Other editions - View all
Common terms and phrases
1990 Uniform Commercial acceptance acceptor action agreement Am.Dec amount Article Bank & Trust beneficiary beneficiary's bank Bills and Notes burden of proof cashier's check certificate certified check collecting bank comaker Commercial Laws consist of R.S. corporation creditor defense demand note deposit depositary bank discharge draft drawee bank drawer due course evidence executed failure of consideration forged former Section funds transfer holder in due indorser instru issued La.Ann La.App La.L.Rev liability Louisiana maker Master Edition maturity ment mortgage note negotiable instrument notary notes preceding R.S. notice of dishonor notice of protest obligation Orleans paid payable payee payment order payor bank person plaintiff promise promissory note receiving bank revision Ronald L sections of Chapter sender Shreveport signature Statutory Notes subject matter Subsection Text effective January thereof tion Title 10 Appendix Uniform Commercial Code warranty WESTLAW Electronic Research writ denied