Minnesota Statutes
§ 336.3-105 — 336.3-105 ISSUE OF INSTRUMENT.
Minnesota § 336.3-105
This text of Minnesota § 336.3-105 (336.3-105 ISSUE OF INSTRUMENT.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 336.3-105 (2026).
Text
(a)"Issue" means:
(1)the first delivery of an instrument by the maker or drawer, whether to a holder or nonholder, for the purpose of giving rights on the instrument to any person; or
(2)if agreed by the payee, the first transmission by the drawer to the payee of an image of an item and information derived from the item that enables the depositary bank to collect the item by transferring or presenting under federal law an electronic check.
(b)An unissued instrument, or an unissued incomplete instrument that is completed, is binding on the maker or drawer, but nonissuance is a defense. An instrument that is conditionally issued or is issued for a special purpose is binding on the maker or drawer, but failure of the condition or special purpose to be fulfilled is a defense.
(c)"Issuer"
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1992 c 565 s 7;2024 c 93 art 4 s 2
Nearby Sections
15
§ 336.3-101
336.3-101 SHORT TITLE.§ 336.3-102
336.3-102 SUBJECT MATTER.§ 336.3-103
336.3-103 DEFINITIONS.§ 336.3-104
336.3-104 NEGOTIABLE INSTRUMENT.§ 336.3-105
336.3-105 ISSUE OF INSTRUMENT.§ 336.3-106
336.3-106 UNCONDITIONAL PROMISE OR ORDER.§ 336.3-109
336.3-109 PAYABLE TO BEARER OR TO ORDER.§ 336.3-111
336.3-111 PLACE OF PAYMENT.§ 336.3-112
336.3-112 INTEREST.§ 336.3-113
336.3-113 DATE OF INSTRUMENT.§ 336.3-114
336.3-114 CONTRADICTORY TERMS OF INSTRUMENT.§ 336.3-115
336.3-115 INCOMPLETE INSTRUMENT.Cite This Page — Counsel Stack
Bluebook (online)
Minnesota § 336.3-105, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336.3-105.