Acts1 min read
Section 30Sec./Art. 30
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
What constitutes negotiation.- An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer, it is negotiated by delivery; if payable to order, it is negotiated by the indorsement of the holder completed by delivery.
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.