Section 7-3-201 Negotiation. — United States — Alabama law | Esheria

Section 7-3-201 Negotiation.

“Negotiation” means transferring possession of an instrument so the recipient becomes its holder; if the instrument is payable to an identified person, negotiation generally requires possession plus the holder’s indorsement, except for negotiation by a remitter.

Jurisdiction
United States — Alabama
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
View official record ↗

Statute overview

About this statute

This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.

LexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.