70A-3-301. Person entitled to enforce instrument.
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70A-3-301. Person entitled to enforce instrument.
"Person entitled to enforce" an instrument means the holder of the instrument, a nonholder in possession of the instrument who has the rights of a holder, or a person not in possession of the instrument who is entitled to enforce the instrument pursuant to Section 70A-3-309 or Subsection 70A-3-418(4) . A person may be a person entitled to enforce the instrument even though he is not the owner of the instrument or is in wrongful possession of the instrument.
Repealed and Re-enacted by Chapter 237 , 1993 General Session