Legislation

Search OpenLegislation Statutes

The Laws of New York
Consolidated Laws of New York
CHAPTER 38
Uniform Commercial Code
ARTICLE 3
Commercial Paper
PART 1
Short Title, Form and Interpretation
previous
SECTION 3-110
Payable to Order
up
PART 1
Short Title, Form and Interpretation
next
SECTION 3-112
Terms and Omissions Not Affecting Negotiability
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
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.