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LSDefine

Simple English definitions for legal terms

blank indorsement

Read a random definition: pooling of interests

A quick definition of blank indorsement:

A blank endorsement is when someone signs the back of a piece of paper that can be used as money, like a check, but doesn't write a specific person's name on it. This means that anyone who has the paper can use it as money. There are other types of endorsements that have different rules, like ones that limit who can use the paper or ones that protect the person who signed it. But a blank endorsement is like giving someone a blank check - they can fill in any amount they want and use it however they like.

A more thorough explanation:

A blank indorsement is when a person signs the back of a negotiable instrument, like a check or promissory note, without naming a specific payee. This makes the instrument payable to the bearer and negotiable by delivery only.

For example, if John Smith writes a check to Jane Doe and she signs the back without naming anyone else, it becomes a blank indorsement. This means that anyone who possesses the check can cash it or deposit it into their own account.

Blank indorsements are often used when the payee wants to transfer the instrument to someone else without specifying who that person is. However, they can also be risky because they make it easier for someone to steal or forge the instrument.

blank-forms rule | blank stock

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TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
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
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