{"data":{"id":"us-mt/30-3-204","jurisdiction":"us-mt","citation":"30-3-204","heading":"Special indorsement -- blank indorsement -- anomalous indorsement.","body":"(1) 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 30-3-126 apply to special indorsements.\n(2) 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(3) 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(4) \"Anomalous indorsement\" means an indorsement made by a person that is not the holder of the instrument. An anomalous indorsement does not affect the manner in which the instrument may be negotiated.","path":["TITLE 30. TRADE AND COMMERCE","CHAPTER 3. UNIFORM COMMERCIAL CODE NEGOTIABLE INSTRUMENTS","Part 2. Transfer and Negotiation"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_0030/part_0020/section_0040/0300-0030-0020-0040.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:50:53Z","sha256":"8373951a143e4052dd47a89db54ec6026df6ccced08d1674677df29bac702fa8","source_id":"us-mt","stale":false,"prev":"us-mt/30-3-203","next":"us-mt/30-3-205"},"notice":"GroundRules: Original legal text. Not legal advice."}
