monetary instruments

2022-04-05 · 1 min read

These are instruments where an intermediate bearer or holder can yoink the cash money.

1. Currency
2. Travelers checks in any form
3. All negotiable instruments
   1. Personal checks, business checks, official bank checks, caashier's checks, third-party checks, promissory notes, and money orders.
   2. Must be in bearer form or endorsed without restriction or in such a form that title passes upon delivery.
4. Incomplete instruments
   1. Same as (3.) but signed with the payee's name omitted.
5. Securities or stock in bearer form