The holder of a negotiable instrument indorsed in blanks may, without signing his own name, by writing above the indorser's signature a direction to pay to any other person as indorsee, convert the indorsement in blank into an indorsement in full; and the holder does not thereby incur the responsibility of an indorser.
Negotiable Instruments Act, 1881 Section 49 - Bare Act |
| State | Central Government |
| Year | 1881 |
| Section Title | Conversion of Indorsement in Blank into Indorsement in Full |
Act Info: