Title XXVI TRADE AND COMMERCE Chapter 400 • Effective - 28 Aug 1992, 2 histories 400.3-205. 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 400.3-110 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. 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 endorsement may be negotiated. -------- (L. 1992 S.B. 448)
Missouri Legal Code