Missouri Revised Statutes













Chapter 400

Uniform Commercial Code

←400.03-204

Section 400.3-205.1

400.03-206→

August 28, 2015

Special endorsement--blank endorsement--anomalous endorsement.

400.3-205. (a) If an endorsement is made by the holder of an

instrument, whether payable to an identified person or payable to bearer, and

the endorsement identifies a person to whom it makes the instrument payable,

it is a "special endorsement." When specially endorsed, an instrument becomes

payable to the identified person and may be negotiated only by the

endorsement of that person. The principles stated in Section 400.3-110 apply

to special endorsements.



(b) If an endorsement is made by the holder of an instrument and it is

not a special endorsement, it is a "blank" endorsement. When endorsed in

blank, an instrument becomes payable to bearer and may be negotiated by

transfer of possession alone until specially endorsed.



(c) The holder may convert a blank endorsement that consists only of a

signature into a special endorsement by writing, above the signature of the

endorser, words identifying the person to whom the instrument is made payable.



(d) "Anomalous endorsement" means an endorsement made by a person who is

not the holder of the instrument. An anomalous endorsement does not affect

the manner in which the endorsement may be negotiated.



(L. 1992 S.B. 448)



*No continuity with § 400.3-205 as repealed by L. 1992 S.B. 448.







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