RS 10:3-207
An instrument is reacquired when it is transferred back to a former holder. That former holder may cancel later indorsements, and if the cancellation makes the instrument payable to the reacquirer or bearer, the reacquirer may negotiate it.
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- Jurisdiction
- United States — Louisiana
- Instrument
- Act or statute
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- Language
- en
- Official source
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endorsement negotiable instruments reacquisition
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RS 10:3-207
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