| "Indorser" Section 3-1204 |
|
| "Instrument" Section 3-1104 |
|
| "Negotiable instrument" Section 3-1104 |
|
| "Negotiation" Section 3-1201 |
|
| "Payable at a definite time" Section 3-1108 |
|
| "Payable on demand" Section 3-1108 |
|
| "Payable to bearer" Section 3-1109 |
|
| "Payable to order" Section 3-1109 |
|
| "Person entitled to enforce" Section 3-1301 |
|
| "Presentment" Section 3-1501 |
|
| "Reacquisition" Section 3-1207 |
|
| "Special indorsement" Section 3-1205 |
|
| "Teller's check" Section 3-1104 |
|
| "Transfer of instrument" Section 3-1203 |
|
| "Traveler's check" Section 3-1104 |
|
| | Sec. 2. 11 MRSA §3-1104, sub-§(6), as enacted by PL 1993, c. 293, Pt. | A, §2, is amended to read: |
|
| (a) A draft, other than a documentary draft, payable on | demand and drawn on a bank; or |
|
| (b) A cashier's check or teller's check.; or |
|
| An instrument may be a check even though it is described on its | face by another term, such as "money order." |
|
| | Sec. 3. 11 MRSA §3-1104, sub-§(11) is enacted to read: |
|
| | (11)__"Demand draft" means a writing not signed by a customer | that is created by a 3rd party under the purported authority of | the customer for the purpose of charging the customer's account | with a bank.__A demand draft must contain the customer's account | number and may contain any or all of the following: |
|
| (a)__The customer's printed or typewritten name; |
|
| (b)__A notation that the customer authorized the draft; and |
|
|