Wisconsin Statutes
§ 403.207 — Reacquisition.
Wisconsin § 403.207
JurisdictionWisconsin
Ch. 403Uniform commercial code — negotiable instruments
Subch.subch. II of ch. 403 SUBCHAPTER II
NEGOTIATION, TRANSFER AND ENDORSEMENT
This text of Wisconsin § 403.207 (Reacquisition.) 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. § 403.207 (2026).
Text
403.207 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
403.207 History History: 1995 a. 449 .
Nearby Sections
15
§ 403.102
Subject matter.§ 403.103
Definitions.§ 403.104
Negotiable instrument.§ 403.105
Issue of instrument.§ 403.106
Unconditional promise or order.§ 403.107
Instrument payable in foreign money.§ 403.109
Payable to bearer or to order.§ 403.111
Place of payment.§ 403.112
Interest.§ 403.113
Date of instrument.§ 403.114
Contradictory terms of instrument.§ 403.115
Incomplete instrument.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 403.207, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/403.207.