§ 3301. Person entitled to enforce instrument.
"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 pursuant to section 3309 (relating to enforcement of lost, destroyed or stolen instrument) or 3418(d) (relating to payment or acceptance by mistake).
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.
Cross References. Section 3301 is referred to in sections 3103, 3308, 4104 of this title.
Section: 3301 3302 3303 3304 3305 3306 3307 3308 3309 3310 3311 3312 NextLast modified: October 8, 2016