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336.3-205 MS 1990 [Repealed, 1992 c 565 s 114]
336.3-205 SPECIAL ENDORSEMENT; BLANK ENDORSEMENT; ANOMALOUS
ENDORSEMENT.
(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 336.3-110 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
instrument may be negotiated.
History: 1992 c 565 s 26