Introduction And Function Of Blank Endorsement
Blank endorsement (Blank Indorsement) is also known as "bearer endorsement", "short endorsement" and "incomplete endorsement".
The endorsement of the endorser's name or trade name is not recorded, only endorsed by the endorser on the back of the bill.
The transfer of blank endorsement is different from that of endorsement.
The endorsement must be endorsed again, and endorsed by the endorser shall not be carried out in the form of delivery.
The transfer of blank endorsement should normally be carried out in the following ways:
(1) transfer according to the delivery of bills.
(2) transfer in blank endorsement.
(3) transfer by name endorsement. In blank endorsement, the holder of a bill can record the name of the endorser and sign it on the bill before making the transfer.
(4) in the blank, it is recorded that he is the endorser and transferred in blank endorsement or endorsement.
(5) the transfer of other persons as endorsed in the blank.
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