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LSDefine

Simple English definitions for legal terms

blank endorsement

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A quick definition of blank endorsement:

Blank endorsement is when someone signs their name on a financial document, like a check, without specifying who should receive the money. This means that anyone who has the document can cash it or deposit it. It's like giving the document to whoever finds it, which can be risky if it gets lost or stolen.

A more thorough explanation:

Blank endorsement is a type of signature that can be found on a financial instrument, such as a check. This type of endorsement does not have a designated payee, which means that whoever possesses the instrument can demand payment.

For example, if a check is made payable to cash and endorsed on the back with the signature of the account holder, it becomes a blank endorsement. This means that anyone who has the check can cash or deposit it, which can be risky if the check is lost or stolen.

Another example of a blank endorsement is a stock certificate that is endorsed without a designated recipient. This means that the person who holds the certificate can sell or transfer the stock to anyone they choose.

Overall, a blank endorsement essentially turns a financial instrument into a bearer paper, which means that whoever possesses it can use it as if it were cash.

blackmail | blanket search warrant

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18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
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