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EXPLANATION.

The sections of this Act have been cross-ref

erenced not by annotation but by inserting after the word or phrase the number of the section to which it is desired to attract the reader's attention. For instance, in Subsection 1 of Section 1 after the word "writing” have been inserted the figures 190, which refer the reader to Section 190 where it is declared that the word "written" includes the word "printed."

TITLE I.-NEGOTIABLE INSTRUMENTS IN

GENERAL.

ARTICLE I.

FORM AND INTERPRETATION.

Section 1. Requirements of a negotiable instru

ment. 2. Sum payable must be certain. 3. When an order or promise is uncon

ditional.
4. What is a determinable future time?
5. Provisions affecting negotiability.
6. Negotiable character, when not af-

fected.
7. When payable on demand.
8. When payable to order.
9. When payable to bearer.
10.

Sufficient terms.
11. Date, Presumption.
12. Antedated or post-dated-effect of.
13. When holder may insert true date.
14. When blanks may be filled.

15. Incomplete instruments. 16. Delivery. 17. Ambiguous instruments—how con

strued. 18. Liability where signature does not appear; trade

assumed names.

or

19. Signature by agent. 20. Liability of person signing as agent. 21. Signature by procuration. 22. Indorsement or assignment by infant

or a corporation, lacking capacity. 23. Forged or unauthorized signature.

THE KENTUCKY

NEGOTIABLE INSTRUMENTS LAW

§ 1. Requirements of a Negotiable Instrument.--"An instrument to be negotiated must conform to the following requirements:

(1) “It must be in writing (Sec. 190) and signed (Sec. 19) by the maker or drawer.

(2) "Must contain an unconditional (Sec. 3) promise or order to pay a sum certain (Sec. 2) in money (Sec. 6, Sub. 5).

(3) "Must be payable on demand (Sec. 7) or at a fixed or determinable future time (Sec. 4).

(4) "Must be payable to the order of a specified person (Secs. 8, 190) or to bearer (Sec. 9); and

(5) "Where the instrument is addressed to a drawee, he must be named or otherwise indicated therein with reasonable certainty."

See note to Section 184 on the question of what is negotiability.

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