§ 6A-3-105. Issue of instrument.
(a) “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) 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) “Issuer” applies to issued and unissued instruments and means a maker or drawer of an instrument.
History of Section.P.L. 2000, ch. 238, § 3; P.L. 2000, ch. 421, § 3.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Chapter 6A-3 - Negotiable Instruments
Part 1 - General Provisions and Definitions
Section 6A-3-101. - Short title.
Section 6A-3-102. - Subject matter.
Section 6A-3-103. - Definitions.
Section 6A-3-104. - Negotiable instrument.
Section 6A-3-105. - Issue of instrument.
Section 6A-3-106. - Unconditional promise or order.
Section 6A-3-107. - Instrument payable in foreign money.
Section 6A-3-108. - Payable on demand or at definite time.
Section 6A-3-109. - Payable to bearer or to order.
Section 6A-3-110. - Identification of person to whom instrument is payable.
Section 6A-3-111. - Place of payment.
Section 6A-3-113. - Date of instrument.
Section 6A-3-114. - Contradictory terms of instrument.
Section 6A-3-115. - Incomplete instrument.
Section 6A-3-116. - Joint and several liability — Contribution.
Section 6A-3-117. - Other agreements affecting instrument.