California · Government Code

GOV §7155: “Duly negotiated” has the same meaning as defined in Section 7501 of the Commercial Code.

What this law says, in plain English

This statute defines the term 'duly negotiated' by referencing Section 7501 of the Commercial Code, establishing its meaning for legal purposes.

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“Duly negotiated” has the same meaning as defined in Section 7501 of the Commercial Code.

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.