due negotiation

glossary / due negotiation
The transfer of a negotiable document of title so that the transferee takes it free of certain claims enforceable against the transferor.

• This is the good-faith-purchase exception to the doctrine of derivative title. UCC §§ 7-501(4); 7-502(1). [Cases: Warehousemen 15. C.J.S. Warehousemen and Safe Depositaries § 36.]

专业法律词汇 词条贡献者
译者Gloria，毕业于法国顶尖的高级翻译学院，擅长翻译各种与企业设立相关的法律文件。

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due negotiation

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due negotiation 正常流通 根据美国《统一商法典》〔U.C.C.〕第7-501条的规定，它指流通权利凭证〔negotiable document of title〕的转让，并使受让人〔transferee〕取得凭证与货物，而免受针对出让人〔transferor〕的可强制执行的请求。正当流通属善意买受〔good faith purchase〕，除非派生所有权原则〔doctrine of derivative title〕适用于权利凭证。

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