California § 3207 - Reacquisition of an instrument occurs if it is transferred to a former holder, by
Full text of California Public Contract Code - PCC § 3207 — Reacquisition of an instrument occurs if it is transferred to a former holder, by, with citation guidance and answers to common questions.
§ 3207. Reacquisition of an instrument occurs if it is transferred to a former holder, by
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 canceled is discharged, and the discharge is effective against any subsequent holder.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 3207
What does Public Contract Code - PCC § 3207 cover?
Section 3207 ("Reacquisition of an instrument occurs if it is transferred to a former holder, by") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 3207?
A common citation format is "Public Contract Code - PCC § 3207" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 3207 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.