RULES TO THE GAME- THE HOLDER IN DUE COURSE

WHAT IS A HOLDER IN DUE COURSE?

Under the Uniform Commercial Code, a holder in due course is a person who has acquired an interest in a negotiable instrument in a way that gives the person a special status like that of a bona fide purchaser of other property. The UCC gives a holder in due course many special rights,

RULES TO THE GAME- THE HOLDER IN DUE COURSE