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Hwang Bankruptcy Motion to Lift Automatic Bankruptcy Stay case..and California Commercial Code Section 3202

The following code is to be used for an article we are publishing on the Hwang Bankruptcy Case
from California.
3202. (a) Negotiation is effective even if obtained (1) from an
infant, a corporation exceeding its powers, or a person without
capacity, (2) by fraud, duress, or mistake, or (3) in breach of duty
or as part of an illegal transaction.
(b) To the extent permitted by other law, negotiation may be
rescinded or may be subject to other remedies, but those remedies may
not be asserted against a subsequent holder in due course or a
person paying the instrument in good faith and without knowledge of
facts that are a basis for rescission or other remedy.