Can a overdue instrument be negotiated?

An overdue instrument, such as a check or promissory note, can still be negotiated, but it may pose risks for the holder. Typically, the rights of the holder to enforce payment may be limited, and the negotiability can depend on the laws governing the instrument and the intentions of the parties involved. Additionally, the original issuer may argue that the instrument is no longer valid due to its overdue status. It’s advisable to seek legal guidance in such situations.