70C-2-204. Certain negotiable instruments prohibited.
(1) With respect to a consumer credit sale not involving real property, the seller may not take a negotiable instrument under Sectionother than a check as evidence of the obligation of the buyer. 70A-3-104
(2) A holder is not in good faith as that term is defined in Sectionif the holder takes a negotiable instrument with notice that the negotiable instrument is issued in violation of this section. 70A-1a-201
(3) A holder in due course under Sectionis not subject to the liabilities set forth in the provisions on the effect of violations on rights of parties under Section. 70A-3-302 70C-7-201