Ohio Code 1303.31 – Person entitled to enforce instrument – UCC 3-301
Current as of: 2023 | Check for updates
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(A) “Person entitled to enforce” an instrument means any of the following persons:
Terms Used In Ohio Code 1303.31
- Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
(1) The holder of the instrument;
(2) A nonholder in possession of the instrument who has the rights of a holder;
(3) A person not in possession of the instrument who is entitled to enforce the instrument pursuant to section 1303.38 or division (D) of section 1303.58 of the Revised Code.
(B) 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.