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Title 11, Article 3-A: NEGOTIABLE INSTRUMENTS

Part 1: GENERAL PROVISIONS AND DEFINITIONS

11 §3-1101. Short title 
11 §3-1102. Subject matter 
11 §3-1103. Definitions 
11 §3-1104. Negotiable instrument 
11 §3-1105. Issue of instrument 
11 §3-1106. Unconditional promise or order 
11 §3-1107. Instrument payable in foreign money 
11 §3-1108. Payable on demand or at definite time 
11 §3-1109. Payable to bearer or to order 
11 §3-1110. Identification of person to whom instrument is payable 
11 §3-1111. Place of payment 
11 §3-1112. Interest 
11 §3-1113. Date of instrument 
11 §3-1114. Contradictory terms of instrument 
11 §3-1115. Incomplete instrument 
11 §3-1116. Joint and several liability; contribution 
11 §3-1117. Other agreements affecting instrument 
11 §3-1118. Statute of limitations 
11 §3-1119. Notice of right to defend action 

Part 2: NEGOTIATION, TRANSFER AND INDORSEMENT

11 §3-1201. Negotiation 
11 §3-1202. Negotiation subject to rescission 
11 §3-1203. Transfer of instrument; rights acquired by transfer 
11 §3-1204. Indorsement 
11 §3-1205. Special indorsement; blank indorsement; anomalous indorsement 
11 §3-1206. Restrictive indorsement 
11 §3-1207. Reacquisition 

Part 3: ENFORCEMENT OF INSTRUMENTS

11 §3-1301. Person entitled to enforce instrument 
11 §3-1302. Holder in due course 
11 §3-1303. Value and consideration 
11 §3-1304. Overdue instrument 
11 §3-1305. Defenses and claims in recoupment 
11 §3-1306. Claims to an instrument 
11 §3-1307. Notice of breach of fiduciary duty 
11 §3-1308. Proof of signatures and status as holder in due course 
11 §3-1309. Enforcement of lost, destroyed or stolen instrument 
11 §3-1310. Effect of instrument on obligation for which taken 
11 §3-1311. Accord and satisfaction by use of instrument 
11 §3-1312. Lost, destroyed, or stolen cashier's check, teller's check, or certified check 

Part 4: LIABILITY OF PARTIES

11 §3-1401. Signature (WHOLE SECTION TEXT EFFECTIVE UNTIL 7/01/25) 
11 §3-1401. Signature necessary for liability on instrument (WHOLE SECTION TEXT EFFECTIVE 7/01/25) 
11 §3-1402. Signature by representative 
11 §3-1403. Unauthorized signature 
11 §3-1404. Impostors; fictitious payees 
11 §3-1405. Employer's responsibility for fraudulent indorsement by employee 
11 §3-1406. Negligence contributing to forged signature or alteration of instrument 
11 §3-1407. Alteration 
11 §3-1408. Drawee not liable on unaccepted draft 
11 §3-1409. Acceptance of draft; certified check 
11 §3-1410. Acceptance varying draft 
11 §3-1411. Refusal to pay cashier's checks, teller's checks and certified checks 
11 §3-1412. Obligation of issuer of note or cashier's check 
11 §3-1413. Obligation of acceptor 
11 §3-1414. Obligation of drawer 
11 §3-1415. Obligation of indorser 
11 §3-1416. Transfer warranties 
11 §3-1417. Presentment warranties 
11 §3-1418. Payment or acceptance by mistake 
11 §3-1419. Instruments signed for accommodation 
11 §3-1420. Conversion of instrument 

Part 5: DISHONOR

11 §3-1501. Presentment 
11 §3-1502. Dishonor 
11 §3-1503. Notice of dishonor 
11 §3-1504. Excused presentment and notice of dishonor 
11 §3-1505. Evidence of dishonor 

Part 6: DISCHARGE AND PAYMENT

11 §3-1601. Discharge and effect of discharge 
11 §3-1602. Payment 
11 §3-1603. Tender of payment 
11 §3-1604. Discharge by cancellation or renunciation 
11 §3-1605. Discharge of indorsers and accommodation parties 
The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.
Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007
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