Georgia § 11-3-201 - Negotiation.
Full text of Georgia Official Code of Georgia Annotated § 11-3-201 — Negotiation., with citation guidance and answers to common questions.
§ 11-3-201. Negotiation.
"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. 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. (Code 1981, § 11-3-201 , enacted by Ga. L. 1996, p. 1306, § 3.) Law reviews. - For article discussing judicial activism in cases involving claims and defenses under the Uniform Commercial Code, see 17 Ga. L. Rev. 569 (1983). For comment on Pendley v. Credit Equip. Corp., 92 Ga. App. 658 , 89 S.E.2d 567 (1955), see 18 Ga. B.J. 495 (1956).
Frequently Asked Questions About Georgia § 11-3-201
What does Official Code of Georgia Annotated § 11-3-201 cover?
Section 11-3-201 ("Negotiation.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. 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 Georgia § 11-3-201?
A common citation format is "Official Code of Georgia Annotated § 11-3-201" (Georgia). 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 Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 11-3-201 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia 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 Georgia.