April 21, 2016 - The Holder Rule

The Holder Rule refers to the Holder in Due Course doctrine in commercial law.

Holder in Due Course (http://legal-dictionary.thefreedictionary.com/holder+in+due+course)

An individual who takes a Commercial Paper for value, in Good Faithwith the belief that it is valid, with no knowledge of any defects.

The Uniform Commercial Code (UCC)  defines a  holder in  due  course as  onewho  takes an  instrument  for  value in  good  faith  absent  any  notice  that it is  overdue,  has  been  dishonored, or is  subject to  any  defense  against it or  claim to it by  anyother  person. West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved

We are "Holder in Due Course" of any or all of the following:

  • Driver's Licence
  • Passport
  • Birth Certificate
  • Citizenship Certificate
  • Hunting Licence
  • Boating Licence
  • Fishing Licence
  • Marriage Licence
  • Ordained Minister's Licence
  • etc...

If you are the "Holder in Due Course" of any of these documents are you also the LEGAL PERSON named on these documents?

Assert the fact that you are the "Holder in Due Course" only and know that your rights are superior to LEGAL PERSON named on them.



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