§ 673.2071, Fla. Stat. · Part II. NEGOTIATION, TRANSFER, AND INDORSEMENT
Reacquisition.
Text — 2026 Florida Statutes
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.
Notes and commentary — not statutory text
History
s. 2, ch. 92-82.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0673/0673.html
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- sha256 64f9227bfa884df2dc4c4e740836fb4b3fa83dd83958b5dc8e00ebc34eb155ff
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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