Legislation

Search OpenLegislation Statutes

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 3-602
Effect of Discharge Against Holder in Due Course
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 3, PART 6
Section 3--602. Effect of Discharge Against Holder in Due Course.

No discharge of any party provided by this Article is effective
against a subsequent holder in due course unless he has notice thereof
when he takes the instrument.