Utah Statutes

§ 70A-3-201 — Negotiation.

Utah § 70A-3-201
JurisdictionUtah
Title 70AUniform Commercial Code
Ch. 70A-3Uniform Commercial Code - Negotiable Instruments
Part 70A-3-2Negotiation, Transfer, and Indorsement

This text of Utah § 70A-3-201 (Negotiation.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Utah Code Ann. § 70A-3-201 (2026).

Text

(1)"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.
(2)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.

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Related

Van Leeuwen v. Bank of America NA
2016 UT App 212 (Court of Appeals of Utah, 2016)
7 case citations
Tesco American, Inc. v. Lether
887 P.2d 860 (Court of Appeals of Utah, 1994)
2 case citations

Legislative History

Repealed and Re-enacted by Chapter 237, 1993 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 70A-3-201, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/70A-3-201.