• Login
    View Item 
    •   Home
    • Yale Law School Faculty Scholarship
    • Faculty Scholarship Series
    • View Item
    •   Home
    • Yale Law School Faculty Scholarship
    • Faculty Scholarship Series
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of openYLSCommunitiesPublication DateAuthorsTitlesSubjectsThis CollectionPublication DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Statistics

    Display statistics

    Negotiability of Corporate Bonds

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Thumbnail
    Name:
    Negotiability_of_Corporate_Bon ...
    Size:
    2.142Mb
    Format:
    PDF
    Download
    Author
    Steffen, Roscoe
    Russell, Henry
    Keyword
    corporate bond
    Negotiable Instruments Law
    
    Metadata
    Show full item record
    URI
    http://hdl.handle.net/20.500.13051/4060
    Abstract
    There has smouldered for many years a question whether the Negotiable Instruments Law should apply to long term commercial paper-the bonds, debentures, equipment trust certificates and other instruments invented by an ingenious financial community. Not that any one doubts that such paper should be negotiable, for there has been no criticism of the decisions so holding, nor has there been much concern whether negotiability was reached under the Act or by common law recognition of custom. But when, as has happened several times in recent years, an instrument of this class has run afoul the statute and been held non-negotiable, a considerable flare-up has resulted.' Heated statements have been made decrying the "stereotyping," "strait-jacketing" effect of the Act; it is said that the courts must be given room within which newly devised instruments may be recognized, and that bonds, being long term paper, are functionally different from notes, bills and checks-in fact, are traded in by different people. From this it has been somewhat hastily concluded that the Act should have no application to such paper. This, it is fair to say, has become the general opinion among writers on the subject.
    Collections
    Faculty Scholarship Series

    entitlement

     
    DSpace software (copyright © 2002 - 2025)  DuraSpace
    Quick Guide | Contact Us
    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.