New Jersey § 12a:3-109
Full text of New Jersey New Jersey Statutes § 12a:3-109, with citation guidance and answers to common questions.
§ 12a:3-109.
a. A promise or order is payable to bearer if it: (1) states that it is payable to bearer or to the order of bearer or otherwise indicates
that the person in possession of the promise or order is entitled to payment; (2) does not state a payee; or (3) states that it is payable to or to the order of cash or otherwise indicates that
it is not payable to an identified person. b. A promise or order that is not payable to bearer is payable to order if it is payable
to the order of an identified person or to an identified person or order. A promise or order that is payable to order is payable to the identified person. c. An instrument payable to bearer may become payable to an identified person if it
is specially indorsed pursuant to subsection a. of 12A:3-205. An instrument payable to an identified person may become payable to bearer if it
is indorsed in blank pursuant to subsection b. of 12A:3-205.
Frequently Asked Questions About New Jersey § 12a:3-109
What does New Jersey Statutes § 12a:3-109 cover?
Section 12a:3-109 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:3-109?
A common citation format is "New Jersey Statutes § 12a:3-109" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:3-109 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.