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CHAPTER 36: HOLDERS IN DUE COURSE AND DEFENSES

CHAPTER 36: HOLDERS IN DUE COURSE AND DEFENSES. CHAPTER 36: HOLDERS IN DUE COURSE AND DEFENSES. Learning Objectives: Holder in Due Course Significance Requirements Defenses Personal Real Exceptions to Holder in Due Course Status. HOLDER IN DUE COURSE.

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CHAPTER 36: HOLDERS IN DUE COURSE AND DEFENSES

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  1. CHAPTER 36: HOLDERS IN DUE COURSE AND DEFENSES

  2. CHAPTER 36: HOLDERS IN DUE COURSE AND DEFENSES Learning Objectives: Holder in Due Course Significance Requirements Defenses Personal Real Exceptions to Holder in Due Course Status Chapter 36

  3. HOLDER IN DUE COURSE • Significance of the Designation • Requirements: • Holder must receive value • Good faith • Transferee does not have notice of infirmities • Types of Notice • Before Overdue • Holder from a Holder Chapter 36

  4. DEFENSES • Personal Defenses • Significance: Holder in due course is not subject to personal defenses • Examples Chapter 36

  5. DEFENSES • Real Defenses • Significance: Holder in due course is subject to real defenses • Examples Chapter 36

  6. EXCEPTIONS TO THE HOLDER-IN-DUE COURSE STATUS • Rationale for Exceptions • State Law • Federal Law • FTC Rule Regarding Consumer Credit • Close Connectedness Doctrine Chapter 36

  7. CHAPTER 36: HOLDERS IN DUE COURSE AND DEFENSES

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