Publisher's Synopsis
Excerpt from The Codified Negotiable Instruments Law of the State of New York: Laws of New York, 1897, Chapter 612, Being Chapter L of the General Laws With an Appendix Containing New York Interest Laws
Negotiable paper includes all those instruments which are transferable by indorsement or delivery, so as to vest in the transferee the legal title and enable him to maintain an action on the instrument in his own name.
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