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FORM AND CONTENT e e IV INTERPRETATION e e e
DELIVERY NEGOTIATION AND INDORSEMENT
HOLDER IN DUE COURSE
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acceptor acquires agent alteration authority bearer instrument bill of exchange bill of lading bond Brown certificate of deposit claim common law contract corporation courts creditor deemed delivered delivery demand note discharge draft drawee bank drawn due course effect enforce fact fiduciary forged fraud funds give notice given holder in due inserts instrument is payable issuing bank law merchant letter of credit ment Negotiable Instruments Law non-negotiable non-payment note payable notice of dishonor notified obligation omits overdue paid paper parties secondarily liable party primarily liable pay the amount payable on demand payee personal defense presented for payment presentment for acceptance principal debtor prior parties promise to pay promissory note protest purchaser reasonable recover refused restrictive indorsement rule Section sentence signature specified statutes strument subsection subsequent substitutes sum certain Suppose surety thereof tion transfer transferor trust valid waiver warranties words