N.Y. Uniform Commercial Code Law § 3-301 : Uniform Commercial Code — Commercial Paper — Rights of a Holder Date: 10 Feb 2014 TEXT PDF Current through 2016 New York Laws, Chapters 1 to 237 The holder of an instrument whether or not he is the owner may transfer or negotiate it and, except as otherwise provided in Section 3-603 on payment or satisfaction, discharge it or enforce payment in his own name. N.Y. U.c.c. Law § 3-301