2010 Georgia Code 11-3-202 Case Law
Home
Menu


Jacksonville Attorney
Graham W. Syfert, Esq.

1650 Margaret St, Ste. 302, PMB#264
Jacksonville, FL 32204


Phone: 904-383-7448
E-mail: graham@syfert.com
Fax: 904-638-4726

Enter Code Number:
16-14-4 or 16-13-32

One Click Case Law for § 11-3-202
O.C.G.A. § 11-3-201 <-- --> O.C.G.A. §11-3-203



2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 3 - NEGOTIABLE INSTRUMENTS
PART 2 - NEGOTIATION, TRANSFER, AND INDORSEMENT
§ 11-3-202 - Negotiation subject to rescission

O.C.G.A. 11-3-202 (2010)
11-3-202. 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, or mistake; or (iii) in breach of duty or as part of an illegal transaction.

(b) To the extent permitted by other law, negotiation may be rescinded or may be subject to other remedies, but those remedies may not be asserted against a subsequent holder in due course or a person paying the instrument in good faith and without knowledge of facts that are a basis for rescission or other remedy.

Georgia Caselaw Research

Google Scholar

Graham Syfert - Jacksonville Lawyer

Home * About Graham Syfert * Contact Us * Map and Location
Graham's Personal Blog


Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com