without notice

without notice
As used of purchasers, etc., such language is equivalent to "in good faith."
To be a holder in due course, one must take a bill or note "without notice" that it is overdue or has been dishonored or of any defense against or claim to it on the part of any person.
See U.C.C. No.No. 3-302(lXc), 3-304(3).
See also good faith

Black's law dictionary. . 1990.

Look at other dictionaries:

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  • notice — no‧tice [ˈnəʊts ǁ ˈnoʊ ] noun 1. [uncountable] information or a warning about something that is going to happen: • These rules are subject to change without notice (= no notice needs to be given ) . • Either party may terminate the contract with …   Financial and business terms

  • notice — Information; the result of observation, whether by the senses or the mind; knowledge of the existence of a fact or state of affairs; the means of knowledge. Intelligence by whatever means communicated. Koehn v. Central Nat. Ins. Co. of Omaha, Neb …   Black's law dictionary

  • notice — Information; the result of observation, whether by the senses or the mind; knowledge of the existence of a fact or state of affairs; the means of knowledge. Intelligence by whatever means communicated. Koehn v. Central Nat. Ins. Co. of Omaha, Neb …   Black's law dictionary

  • notice — no|tice1 W2S1 [ˈnəutıs US ˈnou ] v [I,T not in progressive] 1.) if you notice something or someone, you realize that they exist, especially because you can see, hear, or feel them ▪ He noticed a woman in a black dress sitting across from him. ▪ I …   Dictionary of contemporary English

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