California Commercial Code
§ 3109
COM § 3109 Effective Jan 1, 1993Div. 3 · Ch. 1
Statute text
View on leginfo.ca.gov(a)A promise or order is payable to bearer if it is any of the following:
(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.
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Legislative history
Repealed and added by Stats. 1992, Ch. 914, Sec. 6. Effective January 1, 1993.