HOLDER IN DUE COURSE

Dec 13, 11
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  • good-faith holder who has taken a negotiable instrument for value, without notice
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  • he holder of a negotiable instrument that is complete and regular on its face
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  • A holder in due course (HDC) acquires more rights in the instrument than the
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  • To begin with, the holder-in-due- course rule of UCC Article 3, MCLA 440.3302
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