Minnesota Statutes

§ 336.3-207 — 336.3-207 REACQUISITION.

Minnesota § 336.3-207
JurisdictionMinnesota
PartTRADE REGULATIONS, CONSUMER PROTECTION
Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.3-207 (336.3-207 REACQUISITION.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minn. Stat. § 336.3-207 (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 endorsements 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 endorser whose endorsement is canceled is discharged, and the discharge is effective against any subsequent holder.

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Legislative History

1992 c 565 s 28

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
Minnesota § 336.3-207, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336/336.3-207.