2010 Georgia Code 11-3-201 Case Law
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Graham W. Syfert, Esq.

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One Click Case Law for § 11-3-201
O.C.G.A. § 11-3-119 <-- --> O.C.G.A. §11-3-202



2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 3 - NEGOTIABLE INSTRUMENTS
PART 2 - NEGOTIATION, TRANSFER, AND INDORSEMENT
§ 11-3-201 - Negotiation

O.C.G.A. 11-3-201 (2010)
11-3-201. Negotiation.


(a) "Negotiation" means a transfer of possession, whether voluntary or involuntary, of an instrument by a person other than the issuer to a person who thereby becomes its holder.

(b) Except for negotiation by a remitter, if an instrument is payable to an identified person, negotiation requires transfer of possession of the instrument and its indorsement by the holder. If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com