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  • SECTION 3-110
    Payable to Order
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  • PART 1
    Short Title, Form and Interpretation
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  • SECTION 3-112
    Terms and Omissions Not Affecting Negotiability
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    SECTION 3-111

    Payable to Bearer

    Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 3, PART 1

    Section 3--111. Payable to Bearer.

    An instrument is payable to bearer when by its terms it is payable to

    (a) bearer or the order of bearer; or

    (b) a specified person or bearer; or

    (c) "cash" or the order of "cash", or any other indication which

    does not purport to designate a specific payee.