57A-3A-104. Assignee of consumer paper not holder in due course though instrument unmarked--Contrary agreement void.
66 words·~1 min read·
/sd/title-57/chapter-57-3/57a-3a-104A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding the absence of such notice on an instrument arising out of a consumer credit sale or consumer lease as described in this chapter, an assignee of the rights of the seller or lessor shall not be deemed a holder in due course. Any agreement to the contrary shall be of no force or effect in limiting the rights of a retail buyer under this chapter.