{"data":{"id":"us-nj/n.j.-stat.-12a-3-205","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A: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 12A:3-110 apply to special indorsements.\nb.     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.\nc.     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.\nd.     \"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.\nL.1995,c.28,s.1.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"9b3c3ef816e4da72f1f22fd7cf39dc979cb160d45747ed51e0f9e8e63258d514","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-3-204","next":"us-nj/n.j.-stat.-12a-3-206"},"notice":"GroundRules: Original legal text. Not legal advice."}