Wisconsin § 403.201 Negotiation.

Wisconsin Statutes

§ 403.201 — Negotiation.

Wisconsin § 403.201

Ch. 403Uniform commercial code — negotiable instruments

Subch.subch. II of ch. 403 SUBCHAPTER II

NEGOTIATION, TRANSFER AND ENDORSEMENT

This text of Wisconsin § 403.201 (Negotiation.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 403.201 (2026).

Text

201
201(1) (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.
201(2) (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 endorsement by the holder. If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.

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403.201
403.201(1) (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.
403.201(2) (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 endorsement by the holder. If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.