§ 3205. Special indorsement; blank indorsement; anomalous indorsement
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 13 Pa.C.S.A. Commercial Code
13 Pa.C.S.A. § 3205
§ 3205. Special indorsement; blank indorsement; anomalous indorsement
(a) Special indorsement.--If an indorsement is made by the holder of an instrument, whether payable to an identified person or payable to bearer, and the indorsement identifies a person to whom it makes the instrument payable, it is a “special indorsement.” When specially indorsed, an instrument becomes payable to the identified person and may be negotiated only by the indorsement of that person. The principles stated in section 3110 (relating to identification of person to whom instrument is payable) apply to special indorsements.
Credits
1992, July 9, P.L. 507, No. 97, § 5, effective in one year.
13 Pa.C.S.A. § 3205, PA ST 13 Pa.C.S.A. § 3205
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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