BEARER

BEARER

bearer. One who possesses a negotiable instrument marked ¡°payable to bearer¡± or indorsed in blank. [Cases: Banks and Banking 137; Bills and Notes 118, 153. C.J.S. Banks and Banking ¡ì¡ì 328, 330; Bills and Notes; Letters of Credit ¡ì¡ì 80, 82, 128.]
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