Negotiable Instruments Act Section 16 — Indorsement “in blank” and “in full”

CHAPTER II OF NOTES, BILLSAND CHEQUES

General

Summary

When a person signs their name on a negotiable instrument without naming anyone, that signature is called an endorsement "in blank." If the person signs and also writes a direction to pay the money to a specific person or to that person's order, the endorsement is called "in full," and the person named in that direction is the "indorsee." The rules in this Act that apply to a payee also apply to an indorsee, with any necessary changes.

Official Text

5[(1)] If the indorser signs his name only, the indorsement is said to be “in blank,” and if he adds a direction to pay the amount mentioned in the instrument to, or to the order of, a specified person, the indorsement is said to be “in full”, and the person so specified “Indorsee”.—is called the “indorsee” of the instrument. 1[

(2) The provisions of this Act relating to a payee shall apply with the necessary modifications to an indorsee.]