Michigan Compiled Laws
Article 3 - Negotiable Instruments (440.3101...440.3805)
174-1962-3-2 - Part 2 Negotiation, Transfer, and Endorsement (440.3201...440.3208)

Section 440.3201 - Negotiation; Definition; Transfer of Possession. - Sec. 3201. (1) "Negotiation" means a transfer of possession, whether...

Section 440.3202 - Negotiation; Effective Although Subject to Rescission or Other Remedies. - Sec. 3202. (1) Negotiation is effective even if obtained (i)...

Section 440.3203 - Transfer of Instrument; Delivery; Rights of Transferee; Effect of Transfer of Less Than Entire Instrument. - Sec. 3203. (1) An instrument is transferred when it is...

Section 440.3204 - “Endorsement” and “Endorser” Defined; Transfer of Security Interest Effective as Unqualified Endorsement; Instrument Payable to Name Other Than Holder. - Sec. 3204. (1) "Endorsement" means a signature, other than that...

Section 440.3205 - Special Endorsement; Blank Endorsement; Conversion; “Anomalous Endorsement” Defined. - Sec. 3205. (1) If an endorsement is made by the...

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. - Sec. 3206. (1) An endorsement limiting payment to a particular...

Section 440.3207 - Instrument; Reacquisition. - Sec. 3207. Reacquisition of an instrument occurs if it is...

Section 440.3208 - Repealed. 1993, Act 130, Eff. Sept. 30, 1993. - Compiler's Notes: The repealed section pertained to reacquisition of instruments.