§ 328.4. Effect of restrictive endorsements.
26 words·~1 min read·
/us/cfr/t31/s§ 328.4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bearer securities bearing restrictive endorsements as herein provided will thereafter be nonnegotiable and payment, redemption, or exchange will be made only as provided in such endorsements.