California Statutes
§ 3207. — 3207. (Repealed and added by Stats. 1992, Ch. 914, Sec. 6.)
California § 3207.
JurisdictionCalifornia
Code COMCommercial Code - COM
Div. 3.DIVISION 3. NEGOTIABLE INSTRUMENTS
Ch. 2.CHAPTER 2. Negotiation, Transfer, and Indorsement
This text of California § 3207. (3207. (Repealed and added by Stats. 1992, Ch. 914, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Commercial Code - COM Code § 3207. (2026).
Text
Reacquisition of an instrument occurs if it is transferred to a former holder, by negotiation or otherwise. A former holder who reacquires the instrument may cancel indorsements made after the reacquirer first became a holder of the instrument. If the cancellation causes the instrument to be payable to the reacquirer or to bearer, the reacquirer may negotiate the instrument. An indorser whose indorsement is canceled is discharged, and the discharge is effective against any subsequent holder.
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Related
In Re Jeffrey S. Beier
(C.D. California, 2025)
Legislative History
Repealed and added by Stats. 1992, Ch. 914, Sec. 6. Effective January 1, 1993.
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California § 3207., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/3207..