Indiana § 26-1-3.1-301 Person entitled to enforce instrument

Indiana Statutes

§ 26-1-3.1-301 — Person entitled to enforce instrument

Indiana § 26-1-3.1-301

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 3.1Negotiable Instruments

This text of Indiana § 26-1-3.1-301 (Person entitled to enforce instrument) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-3.1-301 (2026).

Text

"Person entitled to enforce" an instrument means:

(1)the holder of the instrument;

(2)a nonholder in possession of the instrument who has the rights of a holder; or

(3)a person not in possession of the instrument who is entitled to enforce the instrument under IC 26-1-3.1-309 or IC 26-1-3.1-418(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.

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"Person entitled to enforce" an instrument
means:
(1) the holder of the instrument;
(2) a nonholder in possession of the instrument who has the rights
of a holder; or
(3) a person not in possession of the instrument who is entitled to
enforce the instrument under IC 26-1-3.1-309 or IC 26-1-3.1-418(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.