Instruments Not Payable to Order or to Bearer.

  1. Law
  2. New York Laws
  3. Uniform Commercial Code
  4. Miscellaneous
  5. Instruments Not Payable to Order or to Bearer.

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Section 3--805. Instruments Not Payable to Order or to Bearer.

This Article applies to any instrument whose terms do not preclude transfer and which is otherwise negotiable within this Article but which is not payable to order or to bearer, except that there can be no holder in due course of such an instrument.



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