(2) Fraud in Factum,
(3) Alteration of Instrument,
(4) Incapacity to K,
(8) D/C in bankruptcy,
(10) Suretyship Defenses,
(11) D/C known to HDC
- SOL: 3 years for: (i) unaccepted checks, (ii) against issuers of cashier's/certified checks, (iii) conversion, (iv) breach of warranty, (v) to enforce other Art 3 rights.
- 6 years for: (i) notes payable at definite time or on demand, (ii) C.D.s
If HDC knows of the accomodation, takes subject to the suretyship defenses. If no knowledge, does not take subject to.