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bona fide holder

Defined in 2 dictionaries — Case Law, Ballentine's (1916)

Definitions from Case Law

From 69 U.S. 110 - Murray v. Lardner · 1864Most cited · 238 citing opinions

The party who takes it before due for a valuable consideration, without knowledge of any defect of title, and in good faith, holds it by a title valid against all the world.

Show all 6 Supreme Court definitions and how they changed over time 1859–1872

Ballentine's Law Dictionary

James A. Ballentine · 1916

One receiving the instrument in the ordinary course of business, in good faith, and for a valuable consideration. See 26 L. R. A. (N. S.) 849.