{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-3-205","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 3-205","heading":"Restrictive Indorsements","body":"Section 3--205. Restrictive Indorsements.\n  An indorsement is restrictive which either\n  (a) is conditional; or\n  (b) purports to prohibit further transfer of the instrument; or\n  (c) includes the words \"for collection\", \"for deposit\", \"pay any\nbank\", or like terms signifying a purpose of deposit or collection; or\n  (d) otherwise states that it is for the benefit or use of the indorser\nor of another person.","path":["Uniform Commercial Code Law","Article 3. Commercial Paper","Part 2. Transfer and Negotiation"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/3-205","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"3d24802c8bfd419fe265b7de3b94d8f0bb6cc0e8a3bba1c89693fcbc371aeb2b","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-3-204","next":"us-ny/n.y.-uniform-commercial-code-law-3-206"},"notice":"GroundRules: Original legal text. Not legal advice."}