{"data":{"id":"us-dc/d.c.-code-28-3-201","jurisdiction":"us-dc","citation":"D.C. Code § 28:3-201","heading":"Negotiation.","body":"(a)\n“Negotiation” means a transfer of possession, whether voluntary or involuntary, of an instrument by a person other than the issuer to a person who thereby becomes its holder.\n\n(b)\nExcept for negotiation by a remitter, if an instrument is payable to an identified person, negotiation requires transfer of possession of the instrument and its indorsement by the holder. If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Subtitle I. Uniform Commercial Code.","Article 3. Negotiable Instruments.","Part II. Negotiation, Transfer, and Indorsement."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28:3-201","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"f4df6a0c8d84bb3e3e4b2f28a2e6a75dbc2a042fc5b63115bbbb9253c0fdb8d2","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-3-119","next":"us-dc/d.c.-code-28-3-202"},"notice":"GroundRules: Original legal text. Not legal advice."}