Florida Statute 673.2071 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 673
UNIFORM COMMERCIAL CODE: NEGOTIABLE INSTRUMENTS

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F.S. 673.2071

673.2071 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 indorsements 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 indorser whose indorsement is canceled is discharged, and the discharge is effective against any subsequent holder.

History.—s. 2, ch. 92-82.

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Amendments to 673.2071

Annotations, Discussions, Cases:

Cases Citing Statute 673.2071

Total Results: 1

Wells Fargo Bank, N.A. v. Sheikha

221 So. 3d 657, 2017 WL 2569781, 2017 Fla. App. LEXIS 8667

District Court of Appeal of Florida | Filed: Jun 14, 2017 | Docket: 60268326

Published

from Fannie Mae, “by negotiation or otherwise.” § 673.2071, Florida Statutes (2014). As a former holder