"Person entitled to enforce" an instrument means (i) the holder of the instrument, (ii) a nonholder in possession of the instrument who has the rights of a holder, or (iii) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to § 8.3A-309 or § 8.3A-418 (d). 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.
Code 1950, § 6-403; 1964, c. 219, § 8.3-301; 1992, c. 693.
Structure Code of Virginia
Title 8.3A - Commercial Code - Negotiable Instruments
§ 8.3A-301. Person entitled to enforce instrument
§ 8.3A-302. Holder in due course
§ 8.3A-303. Value and consideration
§ 8.3A-304. Overdue instrument
§ 8.3A-305. Defenses and claims in recoupment
§ 8.3A-306. Claims to an instrument
§ 8.3A-307. Notice of breach of fiduciary duty
§ 8.3A-308. Proof of signatures and status as holder in due course
§ 8.3A-309. Enforcement of lost, destroyed, or stolen instrument
§ 8.3A-310. Effect of instrument on obligation for which taken
§ 8.3A-311. Accord and satisfaction by use of instrument
§ 8.3A-312. Lost, destroyed, or stolen cashier's check, teller's check, or certified check