“Person entitled to enforce” an instrument means (i) the holder of the instrument, (ii) a nonholder in possession of the instrument who has the rights of a holder, or (iii) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to Section 75-3-309 or 75-3-418(d). A person may be a person entitled to enforce the instrument even though the person is not the owner of the instrument or is in wrongful possession of the instrument.
Miss. Code Ann. § 75-3-301
Person entitled to enforce instrument
Known as the Uniform Commercial Code
The act spans §§ 75–75 (480 sections).
Applied in 1 court decision — leading case 554 F. Supp. 2d 645 - Ocwen Loan Servicing, LLC v. Branaman (2008)
Most recently applied in 554 F. Supp. 2d 645 - Ocwen Loan Servicing, LLC v. Branaman (March 2008)
Former § 75-3-301: Codes, 1942, § 41A:3-301; Laws, 1966, ch. 316, § 3-301; Laws, 1992, ch. 420, § 27, eff from and after January 1, 1993.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.