Holder in due course priority: first acquirer of a part of a bill set is entitled to remaining parts and proceeds. Where different persons are holders in due course of parts of the same set of bills, the person who first acquires title to a part is entitled to the remaining parts and to the money represented by the bill.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Holder in due course priority: first acquirer of a part of a bill set is entitled to remaining parts and proceeds.
Where different persons are holders in due course of parts of the same set of bills, the person who first acquires title to a part is entitled to the remaining parts and to the money represented by the bill.
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