A party that obtains or purchases an instrument with knowledge of a defect or wrongful act which brings about the purchase of the instrument. … [Read more...]
HOLOGRAPH
A will or deed written entirely by the testator or grantor with his own hand. Estate of Billings, 64 Cal. 427, 1 Pac. 701; Harrison v. Weatherby, 180 111. 418, 54 N. B. 237. … [Read more...]
HOLDER IN DUE COURSE
A person who holds a note with a promise to pay the holder (check or promissory note) that was received in good faith and in exchange for something of value (consideration) and who has no knowledge of any wrongdoing or claim against the instrument by a third party. When such occurs, the holder of that instrument is entitled to be paid by the maker of the instrument. This person … [Read more...]
HOLOGRAPHIC WILL
A handwritten will that is signed and dated by the maker but usually not witnessed. Many states recognize such a will as valid if no other will may exist. … [Read more...]
HOLDER IN GOOD FAITH
A party that obtains or purchases an instrument without any knowledge of a defect or other related fraud or wrongful act which brings about the purchase of the instrument. … [Read more...]