84-3-205. Special endorsement; blank endorsement; anomalous endorsement.
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/ks/chapter-84/84-3-205A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
84-3-205. 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 K.S.A. 84-3-311[ 84-3-110 ] 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.