Indiana Code
Article 1. Uniform Commercial Code
Chapter 3.1. Negotiable Instruments

26-1-3.1-101. Short Title - Sec. 101. IC 26-1-3.1 may be cited as Uniform Commercial...

26-1-3.1-102. Subject Matter - Sec. 102. (a) IC 26-1-3.1 applies to negotiable instruments. It...

26-1-3.1-103. Definitions - Sec. 103. (a) In IC 26-1-3.1: (1) "Acceptor" means a...

26-1-3.1-104. Negotiable Instrument - Sec. 104. (a) Except as provided in subsections (c) and...

26-1-3.1-105. Issue of Instrument - Sec. 105. (a) "Issue" means the first delivery of an...

26-1-3.1-106. Unconditional Promise or Order - Sec. 106. (a) Except as provided in this section, for...

26-1-3.1-107. Instrument Payable in Foreign Money - Sec. 107. Unless the instrument otherwise provides, an instrument that...

26-1-3.1-108. Payable on Demand or at Definite Time - Sec. 108. (a) A promise or order is "payable on...

26-1-3.1-109. Payable to Bearer or to Order - Sec. 109. (a) A promise or order is payable to...

26-1-3.1-110. Identification of Person to Whom Instrument Is Payable - Sec. 110. (a) The person to whom an instrument is...

26-1-3.1-111. Place of Payment - Sec. 111. Except as otherwise provided for items in IC...

26-1-3.1-112. Interest - Sec. 112. (a) Unless otherwise provided in the instrument: (1)...

26-1-3.1-113. Date of Instrument - Sec. 113. (a) An instrument may be antedated or postdated....

26-1-3.1-114. Contradictory Terms of Instrument - Sec. 114. If an instrument contains contradictory terms, typewritten terms...

26-1-3.1-115. Incomplete Instrument - Sec. 115. (a) "Incomplete instrument" means a signed writing, whether...

26-1-3.1-116. Joint and Several Liability; Contribution - Sec. 116. (a) Except as otherwise provided in the instrument,...

26-1-3.1-117. Other Agreements Affecting Instrument - Sec. 117. Subject to applicable law regarding exclusion of proof...

26-1-3.1-118. Statute of Limitations - Sec. 118. (a) Except as provided in subsection (e), an...

26-1-3.1-119. Notice of Right to Defend Action - Sec. 119. In an action for breach of an obligation...

26-1-3.1-201. Negotiation - Sec. 201. (a) "Negotiation" means a transfer of possession, whether...

26-1-3.1-202. Negotiation Subject to Rescission - Sec. 202. (a) Negotiation is effective even if obtained: (1)...

26-1-3.1-203. Transfer of Instrument; Rights Acquired by Transfer - Sec. 203. (a) An instrument is transferred when it is...

26-1-3.1-204. Endorsement - Sec. 204. (a) "Endorsement" means a signature, other than that...

26-1-3.1-205. Special Endorsement; Blank Endorsement; Anomalous Endorsement - Sec. 205. (a) If an endorsement is made by the...

26-1-3.1-206. Restrictive Endorsement - Sec. 206. (a) An endorsement limiting payment to a particular...

26-1-3.1-207. Reacquisition - Sec. 207. Reacquisition of an instrument occurs if it is...

26-1-3.1-301. Person Entitled to Enforce Instrument - Sec. 301. "Person entitled to enforce" an instrument means: (1)...

26-1-3.1-302. Holder in Due Course - Sec. 302. (a) Subject to subsection (c) and IC 26-1-3.1-106(d),...

26-1-3.1-303. Value and Consideration - Sec. 303. (a) An instrument is issued or transferred for...

26-1-3.1-304. Overdue Instrument - Sec. 304. (a) An instrument payable on demand becomes overdue...

26-1-3.1-305. Defenses and Claims in Recoupment - Sec. 305. (a) Except as otherwise provided in this section,...

26-1-3.1-306. Claims to an Instrument - Sec. 306. A person taking an instrument, other than a...

26-1-3.1-307. Notice of Breach of Fiduciary Duty - Sec. 307. (a) In this section: (1) "Fiduciary" means an...

26-1-3.1-308. Proof of Signatures and Status as Holder in Due Course - Sec. 308. (a) In an action with respect to an...

26-1-3.1-309. Enforcement of Lost, Destroyed, or Stolen Instrument - Sec. 309. (a) A person not in possession of an...

26-1-3.1-310. Effect of Instrument on Obligation for Which Taken - Sec. 310. (a) Unless otherwise agreed, if a certified check,...

26-1-3.1-311. Accord and Satisfaction by Use of Instrument - Sec. 311. (a) If a person against whom a claim...

26-1-3.1-312. Lost Check; Assertion of Claim to Obligated Bank - Sec. 312. (a) In this section: (1) "Check" means a...

26-1-3.1-401. Signature - Sec. 401. (a) A person is not liable on an...

26-1-3.1-402. Signature by Representative - Sec. 402. (a) If a person acting, or purporting to...

26-1-3.1-403. Unauthorized Signature - Sec. 403. (a) Unless otherwise provided in IC 26-1-3.1 or...

26-1-3.1-404. Impostors; Fictitious Payees - Sec. 404. (a) If an impostor, by use of the...

26-1-3.1-405. Employer's Responsibility for Fraudulent Endorsement by Employee - Sec. 405. (a) In this section: (1) "Employee" includes an...

26-1-3.1-406. Negligence Contributing to Forged Signature or Alteration of Instrument - Sec. 406. (a) A person whose failure to exercise ordinary...

26-1-3.1-407. Alteration - Sec. 407. (a) "Alteration" means: (1) an unauthorized change in...

26-1-3.1-408. Drawee Not Liable on Unaccepted Draft - Sec. 408. A check or other draft does not of...

26-1-3.1-409. Acceptance of Draft; Certified Check - Sec. 409. (a) "Acceptance" means the drawee's signed agreement to...

26-1-3.1-410. Acceptance Varying Draft - Sec. 410. (a) If the terms of a drawee's acceptance...

26-1-3.1-411. Refusal to Pay Cashier's Checks, Teller's Checks, and Certified Checks - Sec. 411. (a) In this section, "obligated bank" means the...

26-1-3.1-412. Obligation of Issuer of Note or Cashier's Check - Sec. 412. The issuer of a note or cashier's check...

26-1-3.1-413. Obligation of Acceptor - Sec. 413. (a) The acceptor of a draft is obliged...

26-1-3.1-414. Obligation of Drawer - Sec. 414. (a) This section does not apply to cashier's...

26-1-3.1-415. Obligation of Endorser - Sec. 415. (a) Subject to subsections (b), (c), and (d)...

26-1-3.1-416. Transfer Warranties - Sec. 416. (a) A person who transfers an instrument for...

26-1-3.1-417. Presentment Warranties - Sec. 417. (a) If an unaccepted draft is presented to...

26-1-3.1-418. Payment or Acceptance by Mistake - Sec. 418. (a) Except as provided in subsection (c), if...

26-1-3.1-419. Instruments Signed for Accommodation - Sec. 419. (a) If an instrument is issued for value...

26-1-3.1-420. Conversion of Instrument - Sec. 420. (a) The law applicable to conversion of personal...

26-1-3.1-501. Presentment - Sec. 501. (a) "Presentment" means a demand made by or...

26-1-3.1-502. Dishonor - Sec. 502. (a) Dishonor of a note is governed by...

26-1-3.1-502.5. Surcharge After Dishonor - Sec. 502.5. (a) Except as provided in subsection (b), a...

26-1-3.1-503. Notice of Dishonor - Sec. 503. (a) The obligation of an endorser stated in...

26-1-3.1-504. Excused Presentment and Notice of Dishonor - Sec. 504. (a) Presentment for payment or acceptance of an...

26-1-3.1-505. Evidence of Dishonor - Sec. 505. (a) The following are admissible as evidence and...

26-1-3.1-601. Discharge and Effect of Discharge - Sec. 601. (a) The obligation of a party to pay...

26-1-3.1-602. Payment - Sec. 602. (a) Subject to subsection (e), an instrument is...

26-1-3.1-603. Tender of Payment - Sec. 603. (a) If tender of payment of an obligation...

26-1-3.1-604. Discharge by Cancellation or Renunciation - Sec. 604. (a) A person entitled to enforce an instrument,...

26-1-3.1-605. Release or Extension of an Obligor's Obligation - Sec. 605. (a) If a person entitled to enforce an...

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Indiana Code Article 1. Uniform Commercial Code Chapter 3.1. Negotiable Instruments

Indiana Code
Article 1. Uniform Commercial Code
Chapter 3.1. Negotiable Instruments