54: Instrument indorsed in blank
The Negotiable Instruments Act · Federal Acts · Chapter IV · in_force
Discuss this provision with AI
Subject to the provisions hereinafter contained as to crossed cheques, a negotiable instrument indorsed in blank is payable to the bearer thereof even although originally payable to order.
Effective date: 1881-12-09
Related sections
53A: Rights of holder in due course55: Conversion of indorsement in blank into indorsement in full53: Holder claiming through holder in due course56: Requisites of indorsement52: Indorser who excludes his own liability or makes it conditional57: Legal representative cannot by delivery only negotiate instrument indorsed by deceased
Version 1 · Source-traceable official reference. LawHub does not modify the official record.