Code of Virginia - Title 8.3A Commercial Code - Negotiable Instruments - Part 2 Negotiation, Transfer, And Endorsement

  • 8.3A-201 Negotiation
    (a) "Negotiation" means a transfer of possession, whether voluntary or involuntary, of an instrument by a person other than the issuer to a person who ...
  • 8.3A-202 Negotiation subject to rescission
    (a) Negotiation is effective even if obtained (i) from an infant, a corporation exceeding its powers, or a person without capacity, (ii) by fraud, duress, ...
  • 8.3A-203 Transfer of instrument; rights acquired by transfer
    (a) An instrument is transferred when it is delivered by a person other than its issuer for the purpose of giving to the person receiving ...
  • 8.3A-204 Endorsement
    (a) "Endorsement" means a signature, other than that of a signer as maker, drawer, or acceptor, that alone or accompanied by other words is made ...
  • 8.3A-205 Special endorsement; blank endorsement; anomalous endorsement
    (a) If an endorsement is made by the holder of an instrument, whether payable to an identified person or payable to bearer, and the endorsement ...
  • 8.3A-206 Restrictive endorsement
    (a) An endorsement limiting payment to a particular person or otherwise prohibiting further transfer or negotiation of the instrument is not effective to prevent further ...
  • 8.3A-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 ...

Last modified: April 3, 2009