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holder

Defined in 7 dictionaries — U.S. Code, Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Kinney (1893), Bouvier (1839)

United States Code

7 U.S.C. § 241 — in this chapter

The term “holder” means a person that has possession in fact or by operation of law of a receipt or any electronic document.

20 U.S.C. § 1085 — under this part

The term “holder” means an eligible lender who owns a loan.

26 U.S.C. § 1235 — for purposes of this section (6 versions over time)

For purposes of this section, the term “holder” means—

(1) any individual whose efforts created such property, or

(2) any other individual who has acquired his interest in such property in exchange for consideration in money or money’s worth paid to such creator prior to actual reduction to practice of the invention covered by the patent, if such individual is neither—

(A) the employer of such creator, nor

(B) related to such creator (within the meaning of subsection (c)).

43 U.S.C. § 1702 — in this section

The term “holder” means any State or local governmental entity, individual, partnership, corporation, association, or other business entity receiving or using a right-of-way under subchapter V of this chapter.

49 U.S.C. § 80101 — in this chapter

“holder” means a person having possession of, and a property right in, a bill of lading.

Show all 5 definitions and how they changed over time

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The holder of a bill of exchange is the person who is legally in the possession of it, either by indorsement or delivery, or both, and entitled to receive payment either from the drawee or acceptor, and is considered as an assignee. 4 Dall. (Pa.) 53.

Ballentine's Law Dictionary

James A. Ballentine · 1916

One rightfully in possession; one whose title vested in him an uncontested right of immediate possession. See 23 Nev. 143, 44 Pac. 430.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

The holder of a bill of exchange is the person who is legally in the possession of it, either by indorsement or delivery, or both, and entitled to receive payment either from the drawee or acceptor, and is considered as an assignee. Ludlow v. Bingham, 4 Dali. (U. S.) 63, 1 L. Ed. 736. And one who indorses a promissory note for collection, as an agent, will be considered the holder for the purpose of transmitting notices; Smedes v. Bank, 20 Johns. (N. Y.) 372; Bowling v. Harrison, 16 How. (U. S.) 248, 12 L. Ed. 425. No one but the holder

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

The holder of a bill of exchange, promissory note or check is the person who has legally acquired the possession of the same, from a person capable of transferring it, by indorsement or delivery, and who is entitled to receive payment of the instrument from the party or parties liable to meet it. Bowling v. Harrison, 6 How. 258, 12 L. Ed. 425; Crocker-Woolworth Nat. Bank v. Nevada Bank, 139 Cal. 564, 73 Pac. 456, 63 L. R. A. 245, 96 Am. St. Rep. 169; Rice v. Hogan, 8 Dana (Ky.) 135; Rev. Laws Mass. 1902, p. 653, § 207.

Holder in due course, in English law. "a holder who has taken a bill of exchange (check or note) complete and regular on the face of it, under the following conditions, namely; (a) That he became the holder of it before it was overdue, and without notice that it had been previously dishonored, if such was the fact, (b) That he took the bill (check or note) in good faith and for value, and that at the time it was negotiated to him he had no notice of any defect in the title of the person who negotiated it." Bills of Exchange Act, 1882, (45 & 46 Viet c. 61, § 29.) And see Sutherland v. Mead, 80 App. Div. lO3, 80 N. Y. Supp. 504.

A Law Dictionary and Glossary

George C. Kinney · 1893

One who has possession; one who has possession by virtue of a lawful title; the person having [rightfully] in possession a bill of exchange, promissory note or check, whether as payee, indorsee or otherwise.

A Law Dictionary, Adapted to the Constitution and Laws of the United States

John Bouvier · 1839

The holder of a bill of exchange is the person who is legally in the possession of it, either by endorseiment or delivery, or both, and entitled to receive payment either from the drawee or acceptor, and is considered as an assignee. 4 Dall. 53. Vide Bill of Exchange.