West Virginia § 46-3-201 Negotiation

West Virginia Statutes

§ 46-3-201 — Negotiation

West Virginia·Ch. 46 UNIFORM COMMERCIAL CODE·Art. 3 NEGOTIABLE INSTRUMENTS

(a)"Negotiation" means a transfer of possession, whether voluntary or involuntary, or an instrument by a person other than the issuer to a person who thereby becomes its holder.

(b)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.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) "Negotiation" means a transfer of possession, whether voluntary or involuntary, or an instrument by a person other than the issuer to a person who thereby becomes its holder.

(b) 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.

West Virginia § 46-3-201 (Negotiation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.