Arkansas Statutes

§ 4-3-201 — Negotiation

Arkansas·Title 4
(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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Related

Tackett v. First Sav. of Arkansas, FA
810 S.W.2d 927 (Supreme Court of Arkansas, 1991)
13 case citations
Opinion No.
(Arkansas Attorney General Reports, 2001)

Legislative History

Acts 1991, No. 572, § 5.

Nearby Sections

15
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