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Mich. Comp. Laws § 440.3301

Instrument; person entitled to enforce.

Michigan · Michigan Compiled Laws — UNIFORM COMMERCIAL CODE (Act 174 of 1962) · Status: effective

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Mich. Comp. Laws § 440.3301, Instrument; person entitled to enforce, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1361959
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"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 3309 or 3418(4). 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.