Compare the UCC version of the holder in due course doctrine with the holder in due course provision in Massachusetts.
The holder in due course provision can mean different things in the UCC and in state laws. Look at the holder in due course provision in the UCC (Links to an external site.) at http://www.law.cornell.edu/ucc/3/3-302.html. Then, read about the same provision in the Massachusetts law (Links to an external site.), at http://www.malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Article3/Section3-302. Next, examine Illinois’s […]