Negotiable Instruments | Midpage

Collections
Massachusetts General Laws

Article 3

Negotiable Instruments

3-101Short title 3-102Subject Matter 3-103Definitions 3-104Negotiable Instrument 3-105Issue of Instrument 3-106Unconditional Promise or Order 3-107Instrument Payable in Foreign Money 3-108Payable on Demand or at Definite Time 3-109Payable to Bearer or to Order 3-110Identification of Person to Whom Instrument is Payable 3-111Place of Payment 3-112Interest 3-113Date of Instrument 3-114Contradictory Terms of Instrument 3-115Incomplete Instrument 3-116Joint and Several Liability; Contribution 3-117Other Agreements Affecting Instrument 3-118Statute of Limitations 3-119Notice of Right to Defend Action 3-201Negotiation 3-202Negotiation Subject to Rescission 3-203Transfer of Instrument; Rights Acquired by Transfer 3-204Indorsement 3-205Special Indorsement; Blank Indorsement; Anomalous Indorsement 3-206Restrictive Indorsement 3-207Reacquisition 3-301Person Entitled to Enforce Instrument 3-302Holder in Due Course 3-303Value and Consideration 3-304Overdue Instrument 3-305Defenses and Claims in Recoupment 3-306Claims to an Instrument 3-307Notice of Breach of Fiduciary Duty 3-308Proof of Signatures and Status as Holder in Due Course 3-309Enforcement of Lost, Destroyed, or Stolen Instrument 3-310Effect of Instrument on Obligation for which Taken 3-311Accord and Satisfaction by Use of Instrument 3-312Lost, Destroyed, or Stolen Cashier's Check, Teller's Check, or Certified Check 3-401Signature 3-402Signature by Representative 3-403Unauthorized Signature 3-404Impostors; Fictitious Payees 3-405Employer's Responsibility for Fraudulent Indorsement by Employee 3-406Negligence Contributing to Forged Signature or Alteration of Instrument 3-407Alteration 3-408Drawee not Liable on Unaccepted Draft 3-409Acceptance of Draft; Certified Check 3-410Acceptance Varying Draft 3-411Refusal to Pay Cashier's Checks, Teller's Checks, and Certified Checks 3-412Obligation of Issuer of Note or Cashier's Check 3-413Obligation of Acceptor 3-414Obligation of Drawer 3-415Obligation of Indorser 3-416Transfer Warranties 3-417Presentment Warranties 3-418Payment or Acceptance by Mistake 3-419Instruments Signed for Accommodation 3-420Conversion of Instrument 3-501Presentment 3-502Dishonor 3-503Notice of Dishonor 3-504Excused Presentment and Notice of Dishonor 3-505Evidence of Dishonor 3-601Discharge and Effect of Discharge 3-602Payment 3-603Tender of Payment 3-604Discharge by Cancellation or Renunciation 3-605Discharge of Indorsers and Accommodation Parties