{"data":{"id":"us-fl/fla.-stat.-678.3041","jurisdiction":"us-fl","citation":"Fla. Stat. § 678.3041","heading":"Indorsement.","body":"(1) An indorsement may be in blank or special. An indorsement in blank includes an indorsement to bearer. A special indorsement specifies to whom a security is to be transferred or who has power to transfer it. A holder may convert a blank indorsement to a special indorsement.\n(2) An indorsement 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 indorsement.\n(3) An indorsement, whether special or in blank, does not constitute a transfer until delivery of the certificate on which it appears or, if the indorsement is on a separate document, until delivery of both the document and the certificate.\n(4) If a security certificate in registered form has been delivered to a purchaser without a necessary indorsement, the purchaser may become a protected purchaser only when the indorsement is supplied. However, against a transferor, a transfer is complete upon delivery and the purchaser has a specifically enforceable right to have any necessary indorsement supplied.\n(5) An indorsement 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(6) Unless otherwise agreed, a person making an indorsement assumes only the obligations provided in s. 678.1081 and not an obligation that the security will be honored by the issuer.\nHistory.—s. 3, ch. 98-11.","path":["CHAPTER 678 UNIFORM COMMERCIAL CODE: INVESTMENT SECURITIES"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0678/0678.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:55Z","sha256":"28f17d8266a4cd1aa6f62acbffb73422bba4247fbecd4a96bf49f0646ac0753d","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-678.3031","next":"us-fl/fla.-stat.-678.3051"},"notice":"GroundRules: Original legal text. Not legal advice."}