Alaska Statutes Title 45, Chapter 45.03, Article 03 - Rights of a Holder

• Sec. 45.03.301 Person Entitled to Enforce Instrument.
  A person entitled to enforce an instrument is the holder of the instrument, a nonholder in possession of the instrument who has the rights...
• Sec. 45.03.302 Holder in Due Course.
  (a) Subject to (c) of this section and AS 45.03.106 (d), "holder in due course" means the holder of an instrument, if(1) the instrument...
• Sec. 45.03.303 Value and Consideration.
  (a) An instrument is issued or transferred for value if(1) the instrument is issued or transferred for a promise of performance, to the extent...
• Sec. 45.03.304 Overdue Instrument.
  (a) An instrument payable on demand becomes overdue at the earliest of the following times:(1) on the day after the day demand for payment...
• Sec. 45.03.305 Defenses and Claims in Recoupment.
  (a) Except as stated in (b) of this section, the right to enforce the obligation of a party to pay an instrument is subject...
• Sec. 45.03.306 Claims to an Instrument.
  A person taking an instrument, other than a person having rights of a holder in due course, is subject to a claim of a...
• Sec. 45.03.307 Notice of Breach of Fiduciary Duty.
  (a) If an instrument is taken from a fiduciary for payment or collection or for value, the taker has knowledge of the fiduciary status...
• Sec. 45.03.308 Proof of Signatures and Status As Holder in Due Course.
  (a) In an action with respect to an instrument, the authenticity of, and authority to make, each signature on the instrument is admitted unless...
• Sec. 45.03.309 Enforcement of Lost, Destroyed, or Stolen Instrument.
  (a) A person not in possession of an instrument is entitled to enforce the instrument if(1) the person was in possession of the instrument...
• Sec. 45.03.310 Effect of Instrument on Obligation for Which Taken.
  (a) Unless otherwise agreed, if a certified check, cashier's check, or teller's check is taken for an obligation, the obligation is discharged to the...
• Sec. 45.03.311 Accord and Satisfaction by Use of Instrument.
  (a) The provisions of this section apply if a person against whom a claim is asserted proves that(1) the person in good faith tendered...
• Sec. 45.03.312 Lost, Destroyed, or Stolen Cashier's Check, Teller's Check, or Certified Check.
  (a) A claimant may assert a claim to the amount of a check by a communication to the obligated bank describing the check with...

Last modified: November 15, 2016