blank indorsement

An indorsement that names no specific payee, thus making the instrument payable to the bearer and negotiable by delivery only. UCC § 3-205(b).

— Also termed indorsement in blank; general indorsement. [Cases: Bills and Notes 188, 288. C.J.S. Bills and Notes; Letters of Credit § 153.]


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译员Dennis,毕业于英国顶尖的高级翻译学院,专注翻译各种与高管退休金和员工福利有关的法律文件。
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