Title 11, Chapter 3, Section 105
Issue of instrument.
(a) "Issue" means the first delivery of an instrument by the maker
or drawer, whether to a holder or nonholder, for the purpose of
giving rights on the instrument to any person.
(b) An unissued instrument, or an unissued incomplete instrument
that is completed, is binding on the maker or drawer, but
nonissuance is a defense. An instrument that is conditionally
issued or is issued for a special purpose is binding on the maker or
drawer, but failure of the condition or special purpose to be
fulfilled is a defense.
(c) "Issuer" applies to issued and unissued instruments and means a
maker or drawer of an instrument.