Ohio Rev. Code Ann. § 1303.31 – Person entitled to enforce instrument - UCC 3-301 | Midpage
§ 1303.31
Ohio Rev. Code Ann. § 1303.31
Person entitled to enforce instrument - UCC 3-301
Effective Aug 19, 1994Senate Bill 147 - 120th General Assembly
(A) "Person entitled to enforce" an instrument means any of the following persons:
(1) The holder of the instrument;
(2) A nonholder in possession of the instrument who has the rights of a holder;
(3) A person not in possession of the instrument who is entitled to enforce the instrument pursuant to section 1303.38 or division (D) of section 1303.58 of the Revised Code.
(B) 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.