MCL - 174-1962-3-2

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
Part 2
NEGOTIATION, TRANSFER, AND ENDORSEMENT
Document Type Description
Section 440.3201 Section Negotiation; definition; transfer of possession.
Section 440.3202 Section Negotiation; effective although subject to rescission or other remedies.
Section 440.3203 Section Transfer of instrument; delivery; rights of transferee; effect of transfer of less than entire instrument.
Section 440.3204 Section “Endorsement” and “endorser” defined; transfer of security interest effective as unqualified endorsement; instrument payable to name other than holder.
Section 440.3205 Section Special endorsement; blank endorsement; conversion; “anomalous endorsement” defined.
Section 440.3206 Section 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 Section Instrument; reacquisition.
Section 440.3208 Section Repealed. 1993, Act 130, Eff. Sept. 30, 1993.