The Kentucky Negotiable Instruments Law: Annotated

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Baldwin Law Book Company, 1915 - 260ÆäÀÌÁö

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38 ÆäÀÌÁö - Where the instrument is wanting in any material particular, the person in possession thereof has a prima facie authority to complete it by filling up the blanks therein. And a signature on a blank paper delivered by the person making the signature in order that the paper may be converted into a negotiable instrument operates as a prima facie authority to fill it up as such for any amount.
94 ÆäÀÌÁö - Every holder is deemed prima facie to be a holder in due course; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course.
226 ÆäÀÌÁö - Holder" means the payee or indorsee of a bill or note, who is in possession of it, or the bearer thereof.
188 ÆäÀÌÁö - Where a foreign bill appearing on its face to be such is dishonored by non.acceptance, it must be duly protested for non-acceptance, and where such a bill which has not previously been dishonored by non.acceptance is dishonored by nonpayment, it must be duly protested for non.payment. If it is not so protested, the drawer and indorsers are discharged. Where a bill does not appear on its face to be a foreign bill, protest thereof in case of dishonor is unnecessary.
196 ÆäÀÌÁö - Where a bill has been protested for non-payment, any person may intervene and pay it supra protest for the honor of any person liable thereon or for the honor of the person for whose account it was drawn.
32 ÆäÀÌÁö - ... 1. At a fixed period after date or sight ; or 2. On or before a fixed or determinable future time specified therein; or 3. On or at a fixed period after the occurrence of a specified event, which is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the event does not cure the defect.
103 ÆäÀÌÁö - Where a person not otherwise a party to an instrument places thereon his signature in blank before delivery, he is liable as indorser in accordance with the following rules: " (1) If the instrument is payable to the order of a third person, he is liable to the payee and to all subsequent parties.
30 ÆäÀÌÁö - An unqualified order or promise to pay is unconditional within the meaning of this Act, though coupled with: 1. An indication of a particular fund out of which reimbursement is to be made, or a particular account to be debited with the amount; or 2. A statement of the transaction which gives rise to the instrument; but an order or promise to pay out of a particular fund is not unconditional.
92 ÆäÀÌÁö - In the hands of any holder other than a holder in due course, a negotiable instrument is subject to the same defenses as if it were nonnegotiable. But a holder who derives his title through a holder in due course...
69 ÆäÀÌÁö - Where an instrument is drawn or indorsed to a person as "Cashier" or other fiscal officer of a bank or corporation, it is deemed prima facie to be payable to the bank or corporation of which he is such officer; and may be negotiated by either the indorsement of the bank or corporation or the indorsement of the officer.

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