| | | "Indorser" Section 3-1204 |
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| | | "Instrument" Section 3-1104 |
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| | | "Negotiable instrument" Section 3-1104 |
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| | | "Negotiation" Section 3-1201 |
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| | | "Payable at a definite time" Section 3-1108 |
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| | | "Payable on demand" Section 3-1108 |
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| | | "Payable to bearer" Section 3-1109 |
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| | | "Payable to order" Section 3-1109 |
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| | | "Person entitled to enforce" Section 3-1301 |
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| | | "Presentment" Section 3-1501 |
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| | | "Reacquisition" Section 3-1207 |
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| | | "Special indorsement" Section 3-1205 |
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| | | "Teller's check" Section 3-1104 |
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| | | "Transfer of instrument" Section 3-1203 |
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| | | "Traveler's check" Section 3-1104 |
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| | | Sec. 2. 11 MRSA §3-1104, sub-§(6), as enacted by PL 1993, c. 293, Pt. | | A, §2, is amended to read: |
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| | | (a) A draft, other than a documentary draft, payable on | demand and drawn on a bank; or |
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| | (b) A cashier's check or teller's check.; or |
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| | | An instrument may be a check even though it is described on its | | face by another term, such as "money order." |
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| | | Sec. 3. 11 MRSA §3-1104, sub-§(11) is enacted to read: |
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| | | (11)__"Demand draft" means a writing not signed by a customer | | that is created by a 3rd party under the purported authority of | | the customer for the purpose of charging the customer's account | | with a bank.__A demand draft must contain the customer's account | | number and may contain any or all of the following: |
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| | | (a)__The customer's printed or typewritten name; |
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| | | (b)__A notation that the customer authorized the draft; and |
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