Negotiable Instruments
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44.011 Negotiation; Payable to Order
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Description
44.011 Negotiation; Payable to Order If it is payable to order, it is negotiated by delivery with any necessary indorsement. An indorsement must be written by or on behalf of the holder, and on the instrument or on a paper so firmly affixed as to become a part of it. O.C.G.A. §11-3-202 Except for negotiations by remitter, if an instrument is payable to an identified person, negotiation requires transfer of possession of the instrument and its indorsement by the holder. O.C.G.A. §11-3-201(b)
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