New Jersey Statutes
§ 12A:3-109 — Payable to bearer or to order
New Jersey § 12A:3-109
JurisdictionNew Jersey
Title 12ACOMMERCIAL TRANSACTIONS
This text of New Jersey § 12A:3-109 (Payable to bearer or to order) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 12A:3-109 (2026).
Text
a. A promise or order is payable to bearer if it:
(1)states that it is payable to bearer or to the order of bearer or otherwise indicates that the person in possession of the promise or order is entitled to payment;
(2)does not state a payee; or (3) states that it is payable to or to the order of cash or otherwise indicates that it is not payable to an identified person. b. A promise or order that is not payable to bearer is payable to order if it is payable to the order of an identified person or to an identified person or order. A promise or order that is payable to order is payable to the identified person. c. An instrument payable to bearer may become payable to an identified person if it is specially indorsed pursuant to subsection a. of 12A:3-205. An instrument payable to an identi
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Nearby Sections
15
§ 12A:3-101
Short title§ 12A:3-102
Subject matter§ 12A:3-103
Definitions§ 12A:3-104
Negotiable instrument§ 12A:3-105
Issue of instrument§ 12A:3-106
Unconditional promise or order§ 12A:3-107
Instrument payable in foreign money§ 12A:3-108
Payable on demand or at definite time§ 12A:3-109
Payable to bearer or to order§ 12A:3-111
Place of payment.§ 12A:3-113
Date of instrument§ 12A:3-114
Contradictory terms of instrument§ 12A:3-115
Incomplete instrument§ 12A:3-116
Joint and several liability; contributionCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 12A:3-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/12A%3A3-109.