{"data":{"id":"us-ky/krs-355.3-201","jurisdiction":"us-ky","citation":"KRS 355.3-201","heading":"Negotiation.","body":"(1) \"Negotiation\" means a transfer of possession, whether voluntary or involuntary, of\nan instrument by a person other than the issuer to a person who thereby becomes its\nholder.\n(2) Except for negotiation by a remitter, if an instrument is payable to an ident ified\nperson, negotiation requires transfer of possession of the instrument and its\nindorsement by the holder. If an instrument is payable to bearer, it may be\nnegotiated by transfer of possession alone.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33451","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:44Z","sha256":"ea3cec2f67ffe763b472882a01a81583e96193a9ae93bc5553244961f022c415","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.3-122","next":"us-ky/krs-355.3-202"},"notice":"GroundRules: Original legal text. Not legal advice."}