2010 Pennsylvania Code
Title 13 - COMMERCIAL CODE
Chapter 32 - Negotiation, Transfer and Indorsement
3205 - Special indorsement; blank indorsement; anomalous indorsement.

     § 3205.  Special indorsement; blank indorsement; anomalous
                indorsement.
        (a)  Special indorsement.--If an indorsement is made by the
     holder of an instrument, whether payable to an identified person
     or payable to bearer, and the indorsement identifies a person to
     whom it makes the instrument payable, it is a "special
     indorsement." When specially indorsed, an instrument becomes
     payable to the identified person and may be negotiated only by
     the indorsement of that person. The principles stated in section
     3110 (relating to identification of person to whom instrument is
     payable) apply to special indorsements.
        (b)  Blank indorsement.--If an indorsement is made by the
     holder of an instrument and it is not a special indorsement, it
     is a "blank indorsement." When indorsed in blank, an instrument
     becomes payable to bearer and may be negotiated by transfer of
     possession alone until specially indorsed.
        (c)  Conversion of blank indorsement into special
     indorsement.--The holder may convert a blank indorsement that
     consists only of a signature into a special indorsement by
     writing, above the signature of the indorser, words identifying
     the person to whom the instrument is made payable.
        (d)  Definition of "anomalous indorsement".--"Anomalous
     indorsement" means an indorsement made by a person who is not
     the holder of the instrument. An anomalous indorsement does not
     affect the manner in which the instrument may be negotiated.

        Cross References.  Section 3205 is referred to in sections
     3103, 3109 of this title.