Current through the 2024 Regular Session
Section 75-3-301 - Person entitled to enforce instrument"Person entitled to enforce" an instrument means
(i) the holder of the instrument, (ii) a nonholder in possession of the instrument who has the rights of a holder, or (iii) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to Section 75-3-309 or 75-3-418(d). A person may be a person entitled to enforce the instrument even though the person is not the owner of the instrument or is in wrongful possession of the instrument.Former § 75-3-301: Codes, 1942, § 41A:3-301; Laws, 1966, ch. 316, § 3-301; Laws, 1992, ch. 420, § 27, eff. 1/1/1993.