Louisiana Statutes

§ 10:3-201

Louisiana § 10:3-201
JurisdictionLouisiana
Title 10Commercial Laws

This text of Louisiana § 10:3-201 is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 10:3-201 (2026).

Text

§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. Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.

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Louisiana § 10:3-201, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/10%3A3-201.