The Tender For Law

Volume 3

Sep 02, 2013 1:04 AM

Chad Brodgesell

HOLDER. The holder of a bill of exchange, promissory note, check, or other commercial paper, is the person who has legally acquired possession of the same, by indorsement or delivery, and who is entitled to receive payment of the instrument. Person who is in possession of a document of title or an instrument or an investment security drawn, issued or endorsed to him or to his order, or to bearer or in blank. U.C.C. � 1-201 (20) Black's Law 5th Edition