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This document outlines the Negotiable Instruments Law passed in 1911 which established requirements for instruments to be considered negotiable. It defines what makes an instrument negotiable, including that it must be in writing and signed, include an unconditional promise to pay a sum certain, be payable on demand or at a determinable future time, and be payable to order or to bearer. It also addresses additional terms that do not impact negotiability, such as allowing interest or costs, and establishes r
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