allonge

allonge (a-lawnzh). A slip of paper sometimes attached to a negotiable instrument for the purpose of receiving further indorsements when the original paper is filled with indorsements. • Former UCC § 3-202 required that indorsements be made on the instrument unless there was no space — and only then could an allonge be used. Current § 3-204(a) eliminates that requirement and provides that “a paper affixed to the instrument is part of the instrument.” The UCC comment makes it clear that the allonge is valid even if space is available on the instrument. [Cases: Bills and Notes 183. C.J.S. Bills and Notes; Letters of Credit §§ 147, 149.]

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词条贡献者

双语律师Nanda，国际知名法学院国际法专业，擅长翻译各类与生物医学诉讼相关的法律文件。