California Statutes
§ 3201. — 3201. (Repealed and added by Stats. 1992, Ch. 914, Sec. 6.)
California·Code COM Commercial Code - COM·Div. 3. DIVISION 3. NEGOTIABLE INSTRUMENTS·Ch. 2. CHAPTER 2. Negotiation, Transfer, and Indorsement
(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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California § 3201. (3201. (Repealed and added by Stats. 1992, Ch. 914, Sec. 6.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Legislative History
Repealed and added by Stats. 1992, Ch. 914, Sec. 6. Effective January 1, 1993.