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§ 26-1-3-1-301 — Indiana Law | CourtGPT
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  4. Title 26 - Commercial Law/
  5. Article 1 - Uniform Commercial Code/
  6. Chapter 3.1 - Negotiable Instruments26-1-3.1-101. Short Title/
  7. § 26-1-3-1-301
Indiana Legal Code

§ 26-1-3-1-301

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'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.