Code of Virginia - Title 8.3A Commercial Code - Negotiable Instruments - Section 8.3A-301 Person entitled to enforce instrument

§ 8.3A-301. Person entitled to enforce instrument

"Person entitled to enforce" an instrument means (i) the holder of the instrument, (ii) a nonholder in possession of the instrument who has the rights of a holder, or (iii) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to § 8.3A-309 or § 8.3A-418 (d). 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.

(Code 1950, § 6-403; 1964, c. 219, § 8.3-301; 1992, c. 693.)

Sections:  8.3A-301  8.3A-302  8.3A-303  8.3A-304  8.3A-305  8.3A-306  8.3A-307  8.3A-308  8.3A-309  8.3A-310  8.3A-311  8.3A-312  Next

Last modified: April 3, 2009