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Can you summarize IACO 554.3301?
UNIFORM COMMERCIAL CODE > Person entitled to enforce instrument.
Short Summary
Person entitled to enforce an instrument means the holder of the instrument, a nonholder in possession of the instrument who has the rights of a holder, or a person not in possession of the instrument who is entitled to enforce the instrument pursuant to section 554.3309 or 554.3418, subsection 4. A person may be a person entitled to enforce the instrument even though the person is not the owner of the instrument or is in wrongful possession of the instrument. 94 Acts, ch 1167, 36, 121, 122; 2013 Acts, ch 30, 261 Referred to in 554.3103, 554.3308, 554.4104
Jurisdiction
Iowa