Wisconsin § 403.207 - Reacquisition.
Full text of Wisconsin Wisconsin Statutes § 403.207 — Reacquisition., with citation guidance and answers to common questions.
§ 403.207. Reacquisition.
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 endorsements 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 endorser whose endorsement is canceled is discharged, and the discharge is effective against any subsequent holder. 403.207 History History: 1995 a. 449 . subch. III of ch. 403 SUBCHAPTER III ENFORCEMENT OF INSTRUMENTS
Frequently Asked Questions About Wisconsin § 403.207
What does Wisconsin Statutes § 403.207 cover?
Section 403.207 ("Reacquisition.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. 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 Wisconsin § 403.207?
A common citation format is "Wisconsin Statutes § 403.207" (Wisconsin). 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 Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 403.207 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin 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 Wisconsin.