Page:United States Statutes at Large Volume 77.djvu/704

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PUBLIC LAW 88-243-DEC. 30, 1963

[77 STAT.

ARTICLE 3—COMMERCIAL PAPER—Continued PAKT 4 — L I A B I L I T Y OF P A R T I E S

Sec. 28:3—401. 28:3—402. 28:3—403. 28:3—404. 28:3—405. 28:3—406. 28:3—407. 28:3—408. 28:3—409. 28:3—410. 28:3—411. 28:.3—412. 28:3—413. 28:3—414. 28:3—41."». 28:3—416. 28:.3—417. 28:3—118. 28:3—41!).

Signature. Signature in ambiguous capacity. Signature by authorized representative. Unauthorized signatures. I m p o s t e r s; signature in name of payee. Negligence contributing to alteration or unauthorized signature. Alteration. Consideration. Draft not a n assignment. Definition and operation of acceptance. Certification of a check. Acceptance varying draft. Contract of maker, d r a w e r and acceptor. Contract of i n d o r s e r; order of liability. Contract of accommodation party. Contract of guarantor. W a r r a n t i e s on presentment and transfer. Finality of payment or acceptance. Conversi(m of i n s t r u m e n t; innocent representative. PART ~t—PRESENTMENT,

NOTICE OF D I S H O N O R AND PROTEST

28:3—501. When presentment, notice of dishonor, and protest necessary or pennissible. 28:3—502. Unexcused d e l a y; discharge. 28:3—503. Time of presentment. 28:3—504. How presentment made. 28:3—505. Rights of party to whom presentment is made. 28:3—506. Time allowed for acceptance or payment. 28:3—507. Dishonor; holder's right of recourse; term allowing re-presentment. 28:3—508. Notice of dishonor. 28:3—50J). P r o t e s t; noting for protest. 28:3—510. Evidence of dishonor and notice of dishonor. 28:3—511. Waived or excused presentment, protest or notice of dishonor or delay therein. PART 6—DISCHARGE

28:3—601. 28:3—602. 28:3—603. 28:3—604. 28:3—605. 28:3—606.

Discharge of parties. Effect of discharge against holder in due course. Payment or satisfaction. Tender of payment. Cancellation and renunciation. I m p a i r m e n t of recourse or of collateral. PART 7—ADVICE OF INTERNATIONAL S I G H T D R A F T

28:3—701. Letter of advice of international sight draft. PART 8—MISCELLANEOUS

28:3—801. 28:3—802. 28:3—803. 28:3—804. 28:3—805.

Drafts in a s^t. Effect of instrument on obligation for which i t is given. Notice to third party. Lost, destroyed or stolen instruments. I n s t r u m e n t s not payable to order or to bearer.

PART 1—SHORT TITLE, FORM A N D INTERPRETATION Citation of artide

§28:3—101. Short title This article shall be known and may be cited as Uniform Commercial Code—Commercial Paper. § 28:3—102. Definitions and index of definitions (1) I n this article unless the context otherwise requires (a) "Issue" means the first delivery of an instrument to a holder or a remitter. (b) An "order" is a direction to pay and must be more than an authorization or request. I t must identify the person to pay

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