{"data":{"id":"us-la/rs-10-3-205","jurisdiction":"us-la","citation":"RS 10:3-205","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 R.S. 10:3-110 apply to special indorsements.\n(b) 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(c) 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(d) \"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 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74148","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:03Z","sha256":"56655dc12f230c1e90dc0080b154b80c8b15680a8d4e8c1ee4db63786cd626a5","source_id":"us-la","stale":false,"prev":"us-la/rs-10-3-204","next":"us-la/rs-10-3-206"},"notice":"GroundRules: Original legal text. Not legal advice."}
