nominal payee rule
nominal payee rule 〈美〉名义受款人规则 指按照《统一商法典》〔U.C.C.〕第3-405 (1)(b)条的规定,如果票据的出票人在票据上注明受款人,却具有使其对票据不拥有任何权利的意图时,那么任何人在该票据上所作的背书都是有效的。
nominal payee rule Read More »
nominal payee rule 〈美〉名义受款人规则 指按照《统一商法典》〔U.C.C.〕第3-405 (1)(b)条的规定,如果票据的出票人在票据上注明受款人,却具有使其对票据不拥有任何权利的意图时,那么任何人在该票据上所作的背书都是有效的。
nominal payee rule Read More »
nominal-payee rule. Commercial law. The rule that validates any person’s indorsement of an instrument (such as a check) when the instrument’s drawer intended for the payee to have no interest in the instrument. UCC § 3-404(b). [Cases: Bills and Notes 279. C.J.S. Bills and Notes; Letters of Credit §§ 29, 150–151.]
nominal payee rule Read More »