§ 3105. Issue of instrument.
(a) Definition of "issue".--"Issue" means the first delivery of an instrument by the maker or drawer, whether to a holder or nonholder, for the purpose of giving rights on the instrument to any person.
(b) When certain instruments are binding on maker or drawer.--An unissued instrument, or an unissued incomplete instrument that is completed, is binding on the maker or drawer, but nonissuance is a defense. An instrument that is conditionally issued or is issued for a special purpose is binding on the maker or drawer, but failure of the condition or special purpose to be fulfilled is a defense.
(c) Definition of "issuer".--"Issuer" applies to issued and unissued instruments and means a maker or drawer of an instrument.
Cross References. Section 3105 is referred to in section 3103 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 31 - General Provisions and Definitions
Section 3101 - Short title of division
Section 3103 - Definitions and index of definitions
Section 3104 - Negotiable instrument
Section 3105 - Issue of instrument
Section 3106 - Unconditional promise or order
Section 3107 - Instrument payable in foreign money
Section 3108 - Payable on demand or at definite time
Section 3109 - Payable to bearer or to order
Section 3110 - Identification of person to whom instrument is payable
Section 3111 - Place of payment
Section 3113 - Date of instrument
Section 3114 - Contradictory terms of instrument
Section 3115 - Incomplete instrument
Section 3116 - Joint and several liability; contribution
Section 3117 - Other agreements affecting instrument