Wyoming § 34.1-3-207 Reacquisition

Wyoming Statutes

§ 34.1-3-207 — Reacquisition

Wyoming § 34.1-3-207

Title 34.1Uniform Commercial Code

Art. 3NEGOTIABLE INSTRUMENTS

This text of Wyoming § 34.1-3-207 (Reacquisition) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 34.1-3-207 (2026).

Text

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 indorsements 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 indorser whose indorsement is cancelled is
discharged, and the discharge is effective against any
subsequent holder.
PART 3
ENFORCEMENT OF INSTRUMENTS

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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 indorsements 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 indorser whose indorsement is cancelled is
discharged, and the discharge is effective against any
subsequent holder.
PART 3
ENFORCEMENT OF INSTRUMENTS