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

法律翻译Wayne，毕业于一所培养最顶级翻译人才的语言学院，专注翻译各类与调查、政府执法和白领刑事辩护有关的法律文件。