{"data":{"id":"us-az/a.r.s.-47-3205","jurisdiction":"us-az","citation":"A.R.S. § 47-3205","heading":"Special indorsement; blank indorsement; anomalous indorsement","body":"A. 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 47-3110 apply to special indorsements.\n\nB. 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.\n\nC. 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.\n\nD. \"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.","path":["Title 47 Weights and Measures"],"source_url":"https://www.azleg.gov/ars/47/03205.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-09-26T04:29:04Z","sha256":"905cce82a62310c9f4a3c7749a00e3dcfaca3aa04690ff3ccbdff9bd2cd12e5d","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-47-3204","next":"us-az/a.r.s.-47-3206"},"notice":"GroundRules: Original legal text. Not legal advice."}
