{"data":{"id":"us-de/6-del.-c.-8-304","jurisdiction":"us-de","citation":"6 Del. C. § 8-304","heading":"Endorsement.","body":"(a) An endorsement may be in blank or special. An endorsement in blank includes an endorsement to bearer. A special endorsement specifies to whom a security is to be transferred or who has power to transfer it. A holder may convert a blank endorsement to a special endorsement.\n(b) An endorsement purporting to be only of part of a security certificate representing units intended by the issuer to be separately transferable is effective to the extent of the endorsement.\n(c) An endorsement, whether special or in blank, does not constitute a transfer until delivery of the certificate on which it appears or, if the endorsement is on a separate document, until delivery of both the document and the certificate.\n(d) If a security certificate in registered form has been delivered to a purchaser without a necessary endorsement, the purchaser may become a protected purchaser only when the endorsement is supplied. However, against a transferor, a transfer is complete upon delivery and the purchaser has a specifically enforceable right to have any necessary endorsement supplied.\n(e) An endorsement of a security certificate in bearer form may give notice of an adverse claim to the certificate, but it does not otherwise affect a right to registration that the holder possesses.\n(f) Unless otherwise agreed, a person making an endorsement assumes only the obligations provided in Section 8-108 and not an obligation that the security will be honored by the issuer.","path":["Title 6. Commerce and Trade","SUBTITLE I","Uniform Commercial Code","ARTICLE 8. Investment Securities","Part 3","Transfer of Certificated and Uncertificated Securities"],"source_url":"https://delcode.delaware.gov/title6/c008/sc03/index.html#8-304","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:06Z","sha256":"67d63378894f808f25ae9e5c8f605ca237b9d6df593c63af04aa0bb274c1e527","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-8-303","next":"us-de/6-del.-c.-8-305"},"notice":"GroundRules: Original legal text. Not legal advice."}