§ 5270 - Negotiability of bonds or notes - Vermont Statutes

§ 5270. Negotiability of bonds or notes

Whether or not the notes and bonds are of such form and character as to be negotiable instruments under the terms of the Uniform Commercial Code as provided by Title 9A, the notes and bonds are hereby made negotiable instruments within the meaning of and for all the purposes of said Uniform Commercial Code, subject only to the provisions of the notes and bonds for registration or for their issuance in book entry form. (Added 1999, No. 121 (Adj. Sess.), § 1.)