13 Pennsylvania Consolidated Statutes Chapter 33 - Enforcement Of Instruments
- Chapter Notes
- Section 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...
- Section 3302 - Holder In Due Course
(a) Definition of "holder in due course".--Subject to subsection (c) and section 3106(d) (relating to unconditional promise or order), "holder in due course" means...
- Section 3303 - Value And Consideration
(a) Value.--An instrument is issued or transferred for value if: (1) the instrument is issued or transferred for a promise of performance, to the...
- Section 3304 - Overdue Instrument
(a) Instrument payable on demand.--An instrument payable on demand becomes overdue at the earliest of the following times: (1) on the day after the...
- Section 3305 - Defenses And Claims In Recoupment
(a) General rule.--Except as stated in subsection (b), the right to enforce the obligation of a party to pay an instrument is subject to...
- Section 3306 - 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...
- Section 3307 - Notice Of Breach Of Fiduciary Duty
(a) Definitions.--As used in this section, the following words and phrases shall have the meanings given to them in this subsection: "Fiduciary." An agent,...
- Section 3308 - Proof Of Signatures And Status As Holder In Due Course
(a) Proof of signatures.--In an action with respect to an instrument, the authenticity of, and authority to make, each signature on the instrument is...
- Section 3309 - Enforcement Of Lost, Destroyed Or Stolen Instrument
(a) Enforcement.--A person not in possession of an instrument is entitled to enforce the instrument if: (1) the person was in possession of the...
- Section 3310 - Effect Of Instrument On Obligation For Which Taken
(a) Certified check, cashier's check or teller's check given in payment of obligation.--Unless otherwise agreed, if a certified check, cashier's check or teller's check...
- Section 3311 - Accord And Satisfaction By Use Of Instrument
(a) Requirements.--If a person against whom a claim is asserted proves that: (1) that person in good faith tendered an instrument to the claimant...
- Section 3312 - Lost, Destroyed Or Stolen Cashier's Check, Teller's Check Or Certified Check
§ 3312. Lost, destroyed or stolen cashier's check, teller's check or certified check. (a) Definitions.--As used in this section, the following words and phrases...
Last modified: October 8, 2016