Person entitled to enforce instrument

11 M.R.S. § 3-1301, under Chapter 3-A.

11 M.R.S. § 3-1301

"Person entitled to enforce" an instrument means: [PL 1993, c. 293, Pt. A, §2 (NEW).]

(1). The holder of the instrument;

(2). A nonholder in possession of the instrument who has the rights of a holder; or

(3). A person not in possession of the instrument who is entitled to enforce the instrument pursuant to section 3‑1309 or 3‑1418, subsection (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.