N.Y. U.C.C. Law § 3-805

Current through 2024 NY Law Chapters 1-49, 52, and 61-117

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.

N.Y. U.c.c. Law § 3-805