New York Statutes
§ 3-202 — Negotiation
New York § 3-202
JurisdictionNew York
Law UCCUniform Commercial Code
Part 2Transfer and Negotiation
Art. 3Commercial Paper
This text of New York § 3-202 (Negotiation) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Uniform Commercial Code § 3-202 (2026).
Text
Section 3--202. Negotiation.\n (1) Negotiation is the transfer of an instrument in such form that the\ntransferee becomes a holder. If the instrument is payable to order it is\nnegotiated by delivery with any necessary indorsement; if payable to\nbearer it is negotiated by delivery.\n (2) An indorsement must be written by or on behalf of the holder and\non the instrument or on a paper so firmly affixed thereto as to become a\npart thereof.\n (3) An indorsement is effective for negotiation only when it conveys\nthe entire instrument or any unpaid residue. If it purports to be of\nless it operates only as a partial assignment.\n (4) Words of assignment, condition, waiver, guaranty, limitation or\ndisclaimer of liability and the like accompanying an indorsement do not\naffect its charac
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Related
Bank of N.Y. Mellon Trust Co., N.A. v. Andersen
177 N.Y.S.3d 117 (Appellate Division of the Supreme Court of New York, 2022)
U.S. Bank N.A. v. Mave Hotel Invs. LLC
2024 NY Slip Op 05195 (Appellate Division of the Supreme Court of New York, 2024)
Nearby Sections
15
§ 3-101
Short Title§ 3-106
Sum Certain§ 3-107
Money§ 3-108
Payable on Demand§ 3-109
Definite Time§ 3-110
Payable to Order§ 3-111
Payable to Bearer§ 3-113
Seal§ 3-114
Date, Antedating, Postdating§ 3-115
Incomplete InstrumentsCite This Page — Counsel Stack
Bluebook (online)
New York § 3-202, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/UCC/3-202.