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§12A-3-412.


§12A-3-412.
   
              OBLIGATION OF ISSUER OF NOTE OR CASHIER'S CHECK
                                      
   The issuer of a note or cashier's check or other draft drawn on the
   drawer is obliged to pay the instrument (i) according to its terms at
   the time it was issued or, if not issued, at the time it first came
   into possession of a holder, or (ii) if the issuer signed an
   incomplete instrument, according to its terms when completed, to the
   extent stated in Sections 3-115 and 3-407 of this title. The
   obligation is owed to a person entitled to enforce the instrument or
   to an indorser who paid the instrument under Section 3-415 of this
   title.
   

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