Indiana Statutes

§ 26-1-3.1-201 — Negotiation

Indiana § 26-1-3.1-201
JurisdictionIndiana
Title 26COMMERCIAL LAW
Art. 1UNIFORM COMMERCIAL CODE
Ch. 3.1Negotiable Instruments

This text of Indiana § 26-1-3.1-201 (Negotiation) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 26-1-3.1-201 (2026).

Text

(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 endorsement by the holder. If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.

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Legislative History

As added by P.L.222-1993, SEC.5.

Nearby Sections

15
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Bluebook (online)
Indiana § 26-1-3.1-201, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-3.1-201.