New York Consolidated Laws, Uniform Commercial Code - UCC § 3-302. Holder in Due Course

(a) for value;  and

(b) in good faith;  and

(c) 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.

(a) by purchase of it at judicial sale or by taking it under legal process;  or

(b) by acquiring it in taking over an estate;  or

(c) by purchasing it as part of a bulk transaction not in regular course of business of the transferor.