A. Except as provided in subsections C and D, "negotiable instrument" means an unconditional promise or order to pay a fixed amount of money, with or without interest or other charges described in the promise or order, if it:

1. 1. Is payable to bearer or to order at the time it is issued or first comes into possession of a holder;
2. 2. Is payable on demand or at a definite time; and

3. 3. Does not state any other undertaking or instruction by the person promising or ordering payment to do any act in addition to the payment of money, but the promise or order may contain:

   1. (a) An undertaking or power to give, maintain or protect collateral to secure payment;
   2. (b) An authorization or power to the holder to confess judgment or realize on or dispose of collateral; or
   3. (c) A waiver of the benefit of any law intended for the advantage or protection of an obligor.

F. "Check" means:

1. 1. A draft, other than a documentary draft, payable on demand and drawn on a bank; or

2. 2. A cashier's check or teller's check.

   An instrument may be a check even though it is described on its face by another term, such as "money order".

H. "Teller's check" means a draft drawn by a bank:

1. 1. On another bank; or
2. 2. Payable at or through a bank.

I. "Traveler's check" means an instrument that:

1. 1. Is payable on demand;
2. 2. Is drawn on or payable at or through a bank;
3. 3. Is designated by the term "traveler's check" or by a substantially similar term; and
4. 4. Requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the instrument.