Tennessee § 47-3-201 - Negotiation.
Full text of Tennessee Tennessee Code Annotated § 47-3-201 — Negotiation., with citation guidance and answers to common questions.
§ 47-3-201. 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 endorsement by the holder. If an instrument is payable to bearer, it may be negotiated by transfer of possession alone. Acts 1995, ch. 397, § 2. Prior Tennessee Law: §§ 47-130 — 47-132. Textbooks. Tennessee Jurisprudence, 6 Tenn. Juris., Commercial Law, § 56. Law Reviews. Tennessee Forgery Law, 13 Mem. St. U.L. Rev. 343 (1983). The Law of Negotiable Instruments, BankDeposits, and Collections in Tennessee: A Survey of Changes in the 1990 Revision to UCC Articles 3 and 4 (Virginia Wilson), 28 U. Mem. L. Rev. 117 (1997).
Frequently Asked Questions About Tennessee § 47-3-201
What does Tennessee Code Annotated § 47-3-201 cover?
Section 47-3-201 ("Negotiation.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. 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 Tennessee § 47-3-201?
A common citation format is "Tennessee Code Annotated § 47-3-201" (Tennessee). 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 Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 47-3-201 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee 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 Tennessee.