2021 Georgia Code
Title 11 - Commercial Code
Article 3 - Negotiable Instruments

- Venue for actions against maker, endorser, drawer, etc., of certain instruments, Ga. Const. 1976, Art. VI, Sec. XIV, Para. V (see Ga. Const. 1983, Art. VI, Sec. II, Para. V).

Requirements pertaining to negotiable obligations, notes, or checks issued to purchase registered securities, § 10-5-19.

Requirements pertaining to instruments issued in payment of wages or salary generally, § 34-7-3.

Negotiable nature of evidences of state indebtedness, § 50-17-29.

- For article, "Negotiable Instruments Problems in the Financing of Home Improvements," see 11 Mercer L. Rev. 316 (1960). For article, "Voidability of Minors' Contracts: A Feudal Doctrine in a Modern Economy," see 1 Ga. L. Rev. 205 (1967). For annual survey of law of business associations, see 43 Mercer L. Rev. 85 (1991). For article, "The Revision of U.C.C. Articles Three and Four: A Process Which Excluded Consumer Protection Requires Federal Action," see 43 Mercer L. Rev. 827 (1992). For annual survey article discussing developments in commercial law, see 51 Mercer L. Rev. 165 (1999).

Article 3 applies only to negotiable instruments. Barton v. Scott Hudgens Realty & Mtg., Inc., 136 Ga. App. 565, 222 S.E.2d 126 (1975);(decided under former law).

- If one who has acted as real estate broker or salesman wishes to bring suit to enforce broker's rights under brokerage or salesman's contract, the broker must comply with requirement of O.C.G.A. § 43-40-24, but where contract sued upon is promissory note and not brokerage or salesman's contract, suit is not one for collection of compensation for performance of acts mentioned in O.C.G.A. T. 43, but is suit to enforce obligations of note and is governed by provisions of Art. 3 of the Uniform Commercial Code. Azar-Beard & Assocs. v. Wallace, 146 Ga. App. 671, 247 S.E.2d 154 (1978);(decided under former law).

RESEARCH REFERENCES

ALR.

- Effect of Negotiable Instruments Law upon the theory as to a check being an assignment of the drawer's funds, 5 A.L.R. 1667.

Withdrawal of, or right to withdraw, letter from mail as affecting consummation of contract, 9 A.L.R. 386; 92 A.L.R. 1062.

Alteration of commercial paper by reducing the amount, 9 A.L.R. 1087.

Usury as predicable upon transaction in form a sale or exchange of commercial paper or other choses in action, 165 A.L.R. 626.

Construction and effect of UCC Article 3, dealing with commercial paper, 67 A.L.R.3d 144; 78 A.L.R.3d 1020; 88 A.L.R.3d 1100; 97 A.L.R.3d 798; 97 A.L.R.3d 1114; 23 A.L.R.4th 855; 36 A.L.R.4th 212; 42 A.L.R.5th 137; 45 A.L.R.5th 389.

Unintentional cancellation of negotiable instrument under UCC Article 3, 59 A.L.R.4th 617.