Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 3-111 — Payable to Bearer

N.Y. U.C.C. Law § 3-111

Type: Statute
Source: New York Uniform Commercial Code
Jurisdiction: New York
Current through: Nov 4, 2026 (NY Senate Open Legislation)

Section 3--111. Payable to Bearer.

Citator

N.Y. U.C.C. Law § 3-111 — Payable to Bearer is in force in the current edition of the Code, and nothing recorded condemns it.

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.