N.Y. Uniform Commercial Code Law § 3-111: Payable to Bearer

Section 3--111. Payable to Bearer.

An instrument is payable to bearer when by its terms it is payable to

(a) bearer or the order of bearer; or

(b) a specified person or bearer; or

(c) "cash" or the order of "cash", or any other indication which

does not purport to designate a specific payee.