{"data":{"id":"us-md/md.-code-commercial-law-3-205","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 3–205","heading":"","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 § 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":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=3-205","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"1b2380c7e4392e88a69858a9418d86b897c5e7089be6a80d2967b515354aee45","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-3-204","next":"us-md/md.-code-commercial-law-3-206"},"notice":"GroundRules: Original legal text. Not legal advice."}