Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 3-805 — Instruments Not Payable to Order or to Bearer
N.Y. U.C.C. Law § 3-805
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 3--805. Instruments Not Payable to Order or to Bearer.
Citator
N.Y. U.C.C. Law § 3-805 — Instruments Not Payable to Order or to Bearer is in force in the current edition of the Code, and nothing recorded condemns it.
Section 3--805. Instruments Not Payable to Order or to Bearer.
This Article applies to any instrument whose terms do not preclude transfer and which is otherwise negotiable within this Article but which is not payable to order or to bearer, except that there can be no holder in due course of such an instrument.