Section 20 Negotiation of a Bearer Instrument

• Library: Commercial Law 2007

“If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.” Section 400.3-201(b), RSMo 2000; Am. Forest Co. v. Hall, 216 S.W. 740 (Mo. 1919); Audsley v. Allen, No. WD 40081, 1988 WL 163048 (Mo. App. W.D. Oct. 25, 1988), transferred, 774 S.W.2d 142 (Mo. banc 1989); Wohlschlaeger v. Dorsey, 206 S.W.2d 677 (Mo. App. E.D. 1947); Miller v. People’s Sav. Bank, 186 S.W. 547 (Mo. App. W.D. 1916).