Colombian Commercial Code - Decree 410 of 1971 - Book III - Of Commercial Property - Title III - Securities - Chapter IV - Bearer - From: Section 668 By: Art 670
        COLOMBIAN COMMERCIAL CODE   CHAPTER IV   Bearer     Article 668 .- The   bearer securities which are not issued for specific person, but do not  include the clause "to bearer", and containing such a clause.    The simple display of the rightful owner and tradition bearer will result from the single delivery.    Article 669 .-  The bearer bonds may be issued only in cases expressly authorized by law.    Article 670 .-  The titles created in contravention of the provisions of the preceding article, will not produce effects such securities.