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Georgia State Code
Title      11
Chapter       3  
Section Navigation   101 ... 110         111 ... 201   
   202 ... 304       305 ... 402   
   403 ... 412       413 ... 502   
   503 ... 605     
Section<<< 111 112 113 114 115 116 117 118 119 201 >>>  
Title 11, Chapter 3, Section 201 (11-3-201)
Negotiation.

(a) "Negotiation" means a transfer of possession, whether voluntary or involuntary, of 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.

Saturday May 23 19:01 EDT


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