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IC 26-1-3.1-301 — Person entitled to enforce instrument

Chapter 3.1. Negotiable Instruments

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Sec. 301. "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 under IC 26-1-3.1-309 or IC 26-1-3.1-418(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.

As added by P.L.222-1993, SEC.5.

Source: official publisher (2026 edition)

Sections citing IC 26-1-3.1-301

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