reglab/statecodes huggingface dataset:
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-110. Payable to order (REPEALED)

§3-110. Payable to order
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-111. Payable to bearer (REPEALED)

§3-111. Payable to bearer
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-112. Terms and omissions not affecting negotiability (REPEALED)

§3-112. Terms and omissions not affecting negotiability
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-113. Seal (REPEALED)

§3-113. Seal
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-114. Date, antedating, postdating (REPEALED)

§3-114. Date, antedating, postdating
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-115. Incomplete instruments (REPEALED)

§3-115. Incomplete instruments
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-116. Instruments payable to 2 or more persons (REPEALED)

§3-116. Instruments payable to 2 or more persons
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-117. Instruments payable with words of description (REPEALED)

§3-117. Instruments payable with words of description
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-118. Ambiguous terms and rules of construction (REPEALED)

§3-118. Ambiguous terms and rules of construction
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-119. Other writings affecting instrument (REPEALED)

§3-119. Other writings affecting instrument
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-120. Instruments "payable through" bank (REPEALED)

§3-120. Instruments "payable through" bank
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-121. Instruments payable at bank (REPEALED)

§3-121. Instruments payable at bank
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 1: SHORT TITLE, FORM AND INTERPRETATION › 11 §3-122. Accrual of cause of action (REPEALED)

§3-122. Accrual of cause of action
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 2: TRANSFER AND NEGOTIATION › 11 §3-201. Transfer: right to indorsement (REPEALED)

§3-201. Transfer: right to indorsement
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 2: TRANSFER AND NEGOTIATION › 11 §3-202. Negotiation (REPEALED)

§3-202. Negotiation
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 2: TRANSFER AND NEGOTIATION › 11 §3-203. Wrong or misspelled name (REPEALED)

§3-203. Wrong or misspelled name
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 2: TRANSFER AND NEGOTIATION › 11 §3-204. Special indorsement; blank indorsement (REPEALED)

§3-204. Special indorsement; blank indorsement
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 2: TRANSFER AND NEGOTIATION › 11 §3-205. Restrictive indorsements (REPEALED)

§3-205. Restrictive indorsements
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 2: TRANSFER AND NEGOTIATION › 11 §3-206. Effect of restrictive indorsement (REPEALED)

§3-206. Effect of restrictive indorsement
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 2: TRANSFER AND NEGOTIATION › 11 §3-207. Negotiation effective although it may be rescinded (REPEALED)

§3-207. Negotiation effective although it may be rescinded
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 2: TRANSFER AND NEGOTIATION › 11 §3-208. Reacquisition (REPEALED)

§3-208. Reacquisition
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 3: RIGHTS OF A HOLDER › 11 §3-301. Rights of a holder (REPEALED)

§3-301. Rights of a holder
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 3: RIGHTS OF A HOLDER › 11 §3-302. Holder in due course (REPEALED)

§3-302. Holder in due course
(REPEALED)
SECTION HISTORY
PL 1971, c. 474 (AMD). PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 3: RIGHTS OF A HOLDER › 11 §3-303. Taking for value (REPEALED)

§3-303. Taking for value
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 3: RIGHTS OF A HOLDER › 11 §3-304. Notice to purchaser (REPEALED)

§3-304. Notice to purchaser
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 3: RIGHTS OF A HOLDER › 11 §3-305. Rights of a holder in due course (REPEALED)

§3-305. Rights of a holder in due course
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 3: RIGHTS OF A HOLDER › 11 §3-306. Rights of one not holder in due course (REPEALED)

§3-306. Rights of one not holder in due course
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 3: RIGHTS OF A HOLDER › 11 §3-307. Burden of establishing signatures, defenses and due course (REPEALED)

§3-307. Burden of establishing signatures, defenses and due course
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-402. Signature in ambiguous capacity (REPEALED)

§3-402. Signature in ambiguous capacity
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-403. Signature by authorized representative (REPEALED)

§3-403. Signature by authorized representative
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-405. Impostors; signature in name of payee (REPEALED)

§3-405. Impostors; signature in name of payee
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-406. Negligence contributing to alteration or unauthorized signature (REPEALED)

§3-406. Negligence contributing to alteration or unauthorized signature
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-409. Draft not an assignment (REPEALED)

§3-409. Draft not an assignment
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-410. Definition and operation of acceptance (REPEALED)

§3-410. Definition and operation of acceptance
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-411. Certification of a check (REPEALED)

§3-411. Certification of a check
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-412. Acceptance varying draft (REPEALED)

§3-412. Acceptance varying draft
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-413. Contract of maker, drawer and acceptor (REPEALED)

§3-413. Contract of maker, drawer and acceptor
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-414. Contract of indorser; order of liability (REPEALED)

§3-414. Contract of indorser; order of liability
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-415. Contract of accommodation party (REPEALED)

§3-415. Contract of accommodation party
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-416. Contract of guarantor (REPEALED)

§3-416. Contract of guarantor
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-417. Warranties on presentment and transfer (REPEALED)

§3-417. Warranties on presentment and transfer
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-418. Finality of payment or acceptance (REPEALED)

§3-418. Finality of payment or acceptance
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 4: LIABILITY OF PARTIES › 11 §3-419. Conversion of instrument; innocent representative (REPEALED)

§3-419. Conversion of instrument; innocent representative
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-501. When presentment, notice of dishonor and protest necessary or permissible (REPEALED)

§3-501. When presentment, notice of dishonor and protest necessary or permissible
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-502. Unexcused delay; discharge (REPEALED)

§3-502. Unexcused delay; discharge
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-503. Time of presentment (REPEALED)

§3-503. Time of presentment
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-504. How presentment made (REPEALED)

§3-504. How presentment made
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-505. Rights of party to whom presentment is made (REPEALED)

§3-505. Rights of party to whom presentment is made
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-506. Time allowed for acceptance or payment (REPEALED)

§3-506. Time allowed for acceptance or payment
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-507. Dishonor; holder's right of recourse; term allowing representment (REPEALED)

§3-507. Dishonor; holder's right of recourse; term allowing representment
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-508. Notice of dishonor (REPEALED)

§3-508. Notice of dishonor
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-509. Protest; noting for protest (REPEALED)

§3-509. Protest; noting for protest
(REPEALED)
SECTION HISTORY
PL 1979, c. 541, §A105 (AMD). PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-510. Evidence of dishonor and notice of dishonor (REPEALED)

§3-510. Evidence of dishonor and notice of dishonor
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §10 (AMD). PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 5: PRESENTMENT, NOTICE OF DISHONOR AND PROTEST › 11 §3-511. Waived or excused presentment, protest or notice of dishonor or delay therein (REPEALED)

§3-511. Waived or excused presentment, protest or notice of dishonor or delay therein
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 6: DISCHARGE › 11 §3-602. Effect of discharge against holder in due course (REPEALED)

§3-602. Effect of discharge against holder in due course
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 6: DISCHARGE › 11 §3-605. Cancellation and renunciation (REPEALED)

§3-605. Cancellation and renunciation
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 6: DISCHARGE › 11 §3-606. Impairment of recourse or of collateral (REPEALED)

§3-606. Impairment of recourse or of collateral
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 7: ADVICE OF INTERNATIONAL SIGHT DRAFT › 11 §3-701. Letter of advice of international sight draft (REPEALED)

§3-701. Letter of advice of international sight draft
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 8: MISCELLANEOUS › 11 §3-801. Drafts in a set (REPEALED)

§3-801. Drafts in a set
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §11 (AMD). PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 8: MISCELLANEOUS › 11 §3-802. Effect of instrument on obligation for which it is given (REPEALED)

§3-802. Effect of instrument on obligation for which it is given
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 8: MISCELLANEOUS › 11 §3-803. Notice to third party (REPEALED)

§3-803. Notice to third party
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §12 (AMD). PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 8: MISCELLANEOUS › 11 §3-804. Lost, destroyed or stolen instruments (REPEALED)

§3-804. Lost, destroyed or stolen instruments
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3: COMMERCIAL PAPER (REPEALED) › Part 8: MISCELLANEOUS › 11 §3-805. Instruments not payable to order or to bearer (REPEALED)

§3-805. Instruments not payable to order or to bearer
(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1101. Short title

§3-1101. Short title
This Article is known and may be cited as "Uniform Commercial Code -- Negotiable Instruments."   [PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1102. Subject matter

§3-1102. Subject matter
(1).
This Article applies to negotiable instruments. It does not apply to money, to payment orders governed by Article 4‑A, or to securities governed by Article 8.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
If there is conflict between this Article and Article 4 or 9, Article 4 or 9 governs.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this Article to the extent of the inconsistency.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1105. Issue of instrument

§3-1105. Issue of instrument
(1).
"Issue" means the first delivery of an instrument by the maker or drawer, whether to a holder or nonholder, for the purpose of giving rights on the instrument to any person.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
An unissued instrument, or an unissued incomplete instrument that is completed, is binding on the maker or drawer, but nonissuance is a defense. An instrument that is conditionally issued or is issued for a special purpose is binding on the maker or drawer, but failure to fulfill the condition or special purpose is a defense.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
"Issuer" applies to issued and unissued instruments and means a maker or drawer of an instrument.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1106. Unconditional promise or order

§3-1106. Unconditional promise or order
(1).
Except as provided in this section, for the purposes of section 3‑1104, subsection (1), a promise or order is unconditional unless it states:
(a). An express condition to payment;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). That the promise or order is subject to or governed by another writing; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(c). That rights or obligations with respect to the promise or order are stated in another writing. A reference to another writing does not of itself make the promise or order conditional.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
A promise or order is not made conditional:
(a). By a reference to another writing for a statement of rights with respect to collateral, prepayment or acceleration; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). Because payment is limited to resort to a particular fund or source.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
If a promise or order requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the promise or order, the condition does not make the promise or order conditional for the purposes of section 3‑1104, subsection (1). If the person whose specimen signature appears on an instrument fails to countersign the instrument, the failure to countersign is a defense to the obligation of the issuer, but the failure does not prevent a transferee of the instrument from becoming a holder of the instrument.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(4).
If a promise or order at the time it is issued or first comes into possession of a holder contains a statement, required by applicable statutory or administrative law, to the effect that the rights of a holder or transferee are subject to claims or defenses that the issuer could assert against the original payee, the promise or order is not thereby made conditional for the purposes of section 3‑1104, subsection (1); but if the promise or order is an instrument, there can not be a holder in due course of the instrument.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1107. Instrument payable in foreign money

§3-1107. Instrument payable in foreign money
Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1108. Payable on demand or at definite time

§3-1108. Payable on demand or at definite time
(1).
A promise or order is "payable on demand" if it:
(a). States that it is payable on demand or at sight, or otherwise indicates that it is payable at the will of the holder; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). Does not state any time of payment.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
A promise or order is "payable at a definite time" if it is payable on elapse of a definite period of time after sight or acceptance or at a fixed date or dates or at a time or times readily ascertainable at the time the promise or order is issued, subject to rights of:
(a). Prepayment;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). Acceleration;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(c). Extension at the option of the holder; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(d). Extension to a further definite time at the option of the maker or acceptor or automatically upon or after a specified act or event.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
If an instrument, payable at a fixed date, is also payable upon demand made before the fixed date, the instrument is payable on demand until the fixed date and, if demand for payment is not made before that date, becomes payable at a definite time on the fixed date.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1109. Payable to bearer or to order

§3-1109. Payable to bearer or to order
(1).
A promise or order is payable to bearer if it:
(a). States that it is payable to bearer or to the order of bearer or otherwise indicates that the person in possession of the promise or order is entitled to payment;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). Does not state a payee; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(c). States that it is payable to or to the order of cash or otherwise indicates that it is not payable to an identified person.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
A promise or order that is not payable to bearer is payable to order if it is payable:
(a). To the order of an identified person; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). To an identified person or order.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
A promise or order that is payable to order is payable to the identified person.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
An instrument payable to bearer may become payable to an identified person if it is specially indorsed pursuant to Section 3-1205, subsection (1). An instrument payable to an identified person may become payable to bearer if it is indorsed in blank pursuant to Section 3-1205, subsection (2).
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1111. Place of payment

§3-1111. Place of payment
Except as otherwise provided for items in Article 4, an instrument is payable at the place of payment stated in the instrument. If no place of payment is stated, an instrument is payable at the address of the drawee or maker stated in the instrument. If no address is stated, the place of payment is the place of business of the drawee or maker. If a drawee or maker has more than one place of business, the place of payment is any place of business of the drawee or maker chosen by the person entitled to enforce the instrument. If the drawee or maker has no place of business, the place of payment is the residence of the drawee or maker.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1112. Interest

§3-1112. Interest
(1).
Unless otherwise provided in the instrument:
(a). An instrument is not payable with interest; and   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). Interest on an interest-bearing instrument is payable from the date of the instrument.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
Interest may be stated in an instrument as a fixed or variable amount of money or it may be expressed as a fixed or variable rate or rates. The amount or rate of interest may be stated or described in the instrument in any manner and may require reference to information not contained in the instrument. If an instrument provides for interest, but the amount of interest payable can not be ascertained from the description, interest is payable at the judgment rate in effect at the place of payment of the instrument and at the time interest first accrues.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1113. Date of instrument

§3-1113. Date of instrument
(1).
An instrument may be antedated or postdated. The date stated determines the time of payment if the instrument is payable at a fixed period after date. Except as provided in section 4-401, subsection (1-B), an instrument payable on demand is not payable before the date of the instrument.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
If an instrument is undated, its date is the date of its issue or, in the case of an unissued instrument, the date it first comes into possession of a holder.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1114. Contradictory terms of instrument

§3-1114. Contradictory terms of instrument
If an instrument contains contradictory terms, typewritten terms prevail over printed terms, handwritten terms prevail over both and words prevail over numbers.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1115. Incomplete instrument

§3-1115. Incomplete instrument
(1).
"Incomplete instrument" means a signed writing, whether or not issued by the signer, the contents of which show at the time of signing that it is incomplete but that the signer intended it to be completed by the addition of words or numbers.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
Subject to subsection (3), if an incomplete instrument is an instrument under section 3-1104, it may be enforced according to its terms if it is not completed or according to its terms as augmented by completion. If an incomplete instrument is not an instrument under section 3-1104, but after completion the requirements of section 3-1104 are met, the instrument may be enforced according to its terms as augmented by completion.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
If words or numbers are added to an incomplete instrument without authority of the signer, there is an alteration of the incomplete instrument under section 3-1407.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(4).
The burden of establishing that words or numbers were added to an incomplete instrument without authority of the signer is on the person asserting the lack of authority.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1116. Joint and several liability; contribution

§3-1116. Joint and several liability; contribution
(1).
Except as otherwise provided in the instrument, 2 or more persons who have the same liability on an instrument as makers, drawers, acceptors, indorsers who indorse as joint payees or anomalous indorsers are jointly and severally liable in the capacity in which they sign.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
Except as provided in section 3-1419, subsection (5) or by agreement of the affected parties, a party having joint and several liability who pays the instrument is entitled to receive from any party having the same joint and several liability contribution in accordance with applicable law.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
Discharge of one party having joint and several liability by a person entitled to enforce the instrument does not affect the right under subsection (2) of a party having the same joint and several liability to receive contribution from the party discharged.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1117. Other agreements affecting instrument

§3-1117. Other agreements affecting instrument
Subject to applicable law regarding exclusion of proof of contemporaneous or previous agreements, the obligation of a party to an instrument to pay the instrument may be modified, supplemented or nullified by a separate agreement of the obligor and a person entitled to enforce the instrument if the instrument is issued or the obligation is incurred in reliance on the agreement or as part of the same transaction giving rise to the agreement. To the extent an obligation is modified, supplemented or nullified by an agreement under this section, the agreement is a defense to the obligation.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1118. Statute of limitations

§3-1118. Statute of limitations
(1).
Except as provided in subsection (5), an action to enforce the obligation of a party to pay a note payable at a definite time must be commenced within 6 years after the due date or dates stated in the note or, if a due date is accelerated, within 6 years after the accelerated due date.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
Except as provided in subsection (4) or (5), if demand for payment is made to the maker of a note payable on demand, an action to enforce the obligation of a party to pay the note must be commenced within 6 years after the demand. If no demand for payment is made to the maker, an action to enforce the note is barred if neither principal nor interest on the note has been paid for a continuous period of 10 years.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
Except as provided in subsection (4), an action to enforce the obligation of a party to an unaccepted draft to pay the draft must be commenced within 3 years after dishonor of the draft or 10 years after the date of the draft, whichever period expires first.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(4).
An action to enforce the obligation of the acceptor of a certified check or the issuer of a teller's check, cashier's check or traveler's check must be commenced within 3 years after demand for payment is made to the acceptor or issuer, as the case may be.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(5).
An action to enforce the obligation of a party to a certificate of deposit to pay the instrument must be commenced within 6 years after demand for payment is made to the maker, but if the instrument states a due date and the maker is not required to pay before that date, the 6-year period begins when a demand for payment is in effect and the due date has passed.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(6).
An action to enforce the obligation of a party to pay an accepted draft, other than a certified check, must be commenced:
(a). Within 6 years after the due date or dates stated in the draft or acceptance if the obligation of the acceptor is payable at a definite time; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). Within 6 years after the date of the acceptance if the obligation of the acceptor is payable on demand.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(7).
Unless governed by other law regarding claims for indemnity or contribution, an action must be commenced within 3 years after the cause of action accrues if that action is:
(a). For conversion of an instrument, for money had and received or like action based on conversion;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). For breach of warranty; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(c). To enforce an obligation, duty or right arising under this Article and not governed by this section.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 1: GENERAL PROVISIONS AND DEFINITIONS › 11 §3-1119. Notice of right to defend action

§3-1119. Notice of right to defend action
In an action for breach of an obligation for which a 3rd person is answerable over pursuant to this Article or Article 4, the defendant may give the 3rd person written notice of the litigation and the person notified may then give similar notice to any other person who is answerable over. If the notice states that the person notified may come in and defend and that failure to do so will bind the person notified in an action later brought by the person giving the notice as to any determination of fact common to the 2 litigations, the person notified is so bound unless after seasonable receipt of the notice the person notified does come in and defend.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 2: NEGOTIATION, TRANSFER AND INDORSEMENT › 11 §3-1201. Negotiation

§3-1201. Negotiation
(1).
"Negotiation" means a transfer of possession, whether voluntary or involuntary, of an instrument by a person other than the issuer to a person who thereby becomes its holder.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
Except for negotiation by a remitter, if an instrument is payable to an identified person, negotiation requires transfer of possession of the instrument and its indorsement by the holder. If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 2: NEGOTIATION, TRANSFER AND INDORSEMENT › 11 §3-1202. Negotiation subject to rescission

§3-1202. Negotiation subject to rescission
(1).
Negotiation is effective even if obtained:
(a). From an infant, a corporation exceeding its powers or a person without capacity;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). By fraud, duress or mistake; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(c). In breach of duty or as part of an illegal transaction.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
To the extent permitted by other law, negotiation may be rescinded or may be subject to other remedies, but those remedies may not be asserted against a subsequent holder in due course or a person paying the instrument in good faith and without knowledge of facts that are a basis for rescission or other remedy.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 2: NEGOTIATION, TRANSFER AND INDORSEMENT › 11 §3-1203. Transfer of instrument; rights acquired by transfer

§3-1203. Transfer of instrument; rights acquired by transfer
(1).
An instrument is transferred when it is delivered by a person other than its issuer for the purpose of giving to the person receiving delivery the right to enforce the instrument.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
Transfer of an instrument, whether or not the transfer is a negotiation, vests in the transferee any right of the transferor to enforce the instrument, including any right as a holder in due course, but the transferee can not acquire rights of a holder in due course by a transfer, directly or indirectly, from a holder in due course if the transferee engaged in fraud or illegality affecting the instrument.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
Unless otherwise agreed, if an instrument is transferred for value and the transferee does not become a holder because of lack of indorsement by the transferor, the transferee has a specifically enforceable right to the unqualified indorsement of the transferor, but negotiation of the instrument does not occur until the indorsement is made.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(4).
If a transferor purports to transfer less than the entire instrument, negotiation of the instrument does not occur. The transferee obtains no rights under this Article and has only the rights of a partial assignee.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 2: NEGOTIATION, TRANSFER AND INDORSEMENT › 11 §3-1204. Indorsement

§3-1204. Indorsement
(1).
"Indorsement" means a signature, other than that of a signer as maker, drawer or acceptor, that alone or accompanied by other words is made on an instrument for the purpose of:
(a). Negotiating the instrument;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). Restricting payment of the instrument; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(c). Incurring indorser's liability on the instrument.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
Regardless of the intent of the signer, a signature and its accompanying words is an indorsement unless the accompanying words, terms of the instrument, place of the signature or other circumstances unambiguously indicate that the signature was made for a purpose other than indorsement. For the purpose of determining whether a signature is made on an instrument, a paper affixed to the instrument is a part of the instrument.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
"Indorser" means a person who makes an indorsement.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
For the purpose of determining whether the transferee of an instrument is a holder, an indorsement that transfers a security interest in the instrument is effective as an unqualified indorsement of the instrument.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(4).
If an instrument is payable to a holder under a name that is not the name of the holder, indorsement may be made by the holder in the name stated in the instrument or in the holder's name or both, but signature in both names may be required by a person paying or taking the instrument for value or collection.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 2: NEGOTIATION, TRANSFER AND INDORSEMENT › 11 §3-1205. Special indorsement; blank indorsement; anomalous indorsement

§3-1205. Special indorsement; blank indorsement; anomalous indorsement
(1).
If an indorsement is made by the holder of an instrument, whether payable to an identified person or payable to bearer, and the indorsement identifies a person to whom it makes the instrument payable, it is a "special indorsement." When specially indorsed, an instrument becomes payable to the identified person and may be negotiated only by the indorsement of that person. The principles stated in Section 3-1110 apply to special indorsements.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
If an indorsement is made by the holder of an instrument and it is not a special indorsement, it is a "blank indorsement." When indorsed in blank, an instrument becomes payable to bearer and may be negotiated by transfer of possession alone until specially indorsed.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
The holder may convert a blank indorsement that consists only of a signature into a special indorsement by writing, above the signature of the indorser, words identifying the person to whom the instrument is made payable.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(4).
"Anomalous indorsement" means an indorsement made by a person who is not the holder of the instrument. An anomalous indorsement does not affect the manner in which the instrument may be negotiated.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 2: NEGOTIATION, TRANSFER AND INDORSEMENT › 11 §3-1207. Reacquisition

§3-1207. Reacquisition
Reacquisition of an instrument occurs if it is transferred to a former holder by negotiation or otherwise. A former holder who reacquires the instrument may cancel indorsements made after the reacquirer first became a holder of the instrument. If the cancellation causes the instrument to be payable to the reacquirer or to bearer, the reacquirer may negotiate the instrument. An indorser whose indorsement is canceled is discharged and the discharge is effective against any subsequent holder.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 3: ENFORCEMENT OF INSTRUMENTS › 11 §3-1301. Person entitled to enforce instrument

§3-1301. Person entitled to enforce instrument
"Person entitled to enforce" an instrument means:   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(1).
The holder of the instrument;
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
A nonholder in possession of the instrument who has the rights of a holder; or
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(3).
A person not in possession of the instrument who is entitled to enforce the instrument pursuant to section 3‑1309 or 3‑1418, subsection (4).
[PL 2011, c. 691, Pt. D, §3 (AMD).]
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.   [PL 2011, c. 691, Pt. D, §3 (NEW).]
SECTION HISTORY
PL 1993, c. 293, Pt. A, §2 (NEW). PL 2011, c. 691, Pt. D, §3 (AMD).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 3-A: NEGOTIABLE INSTRUMENTS › Part 3: ENFORCEMENT OF INSTRUMENTS › 11 §3-1303. Value and consideration

§3-1303. Value and consideration
(1).
An instrument is issued or transferred for value if:
(a). The instrument is issued or transferred for a promise of performance, to the extent the promise has been performed;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(b). The transferee acquires a security interest or other lien in the instrument other than a lien obtained by judicial proceeding;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(c). The instrument is issued or transferred as payment of, or as security for, an antecedent claim against any person, whether or not the claim is due;   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(d). The instrument is issued or transferred in exchange for a negotiable instrument; or   [PL 1993, c. 293, Pt. A, §2 (NEW).]
(e). The instrument is issued or transferred in exchange for the incurring of an irrevocable obligation to a 3rd party by the person taking the instrument.   [PL 1993, c. 293, Pt. A, §2 (NEW).]
[PL 1993, c. 293, Pt. A, §2 (NEW).]
(2).
"Consideration" means any consideration sufficient to support a simple contract. The drawer or maker of an instrument has a defense if the instrument is issued without consideration. If an instrument is issued for a promise of performance, the issuer has a defense to the extent performance of the promise is due and the promise has not been performed. If an instrument is issued for value as stated in subsection (1), the instrument is also issued for consideration.
[PL 1993, c. 293, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1993, c. 293, §A2 (NEW).