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Statutes > Michigan Statutes > Chapter 440 - UNIFORM COMMERCIAL CODE > Act 174 of 1962 - UNIFORM COMMERCIAL CODE (440.1101 - 440.11102) > 174-1962-3 - ARTICLE 3 NEGOTIABLE INSTRUMENTS (440.3101...440.3805) > 174-1962-3-2 - PART 2 NEGOTIATION, TRANSFER, AND ENDORSEMENT (440.3201...440.3208)

174-1962-3-2 - PART 2 NEGOTIATION, TRANSFER, AND ENDORSEMENT (440.3201...440.3208)

  • Section 440.3201 - Negotiation; definition; transfer of possession.
  • Section 440.3202 - Negotiation; effective although subject to rescission or other remedies.
  • Section 440.3203 - Transfer of instrument; delivery; rights of transferee; effect of transfer of less than entire instrument.
  • Section 440.3204 - “Endorsement” and “endorser” defined; transfer of security interest effective as unqualified endorsement; instrument payable to name other than holder.
  • Section 440.3205 - Special endorsement; blank endorsement; conversion; “anomalous endorsement” defined.
  • Section 440.3206 - Endorsement; limitation; condition; words indicating collection by bank; endorsee as agent, trustee, or other fiduciary; purchaser as holder in due course; exception; defense.
  • Section 440.3207 - Instrument; reacquisition.
  • Section 440.3208 - Repealed. 1993, Act 130, Eff. Sept. 30, 1993.




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