# Bills of Exchange Act 1882, Section 34: Indorsement in blank and special indorsement.


(1) An indorsement in blank specifies no indorsee, and a bill so indorsed becomes payable to bearer.
(2) A special indorsement specifies the person to whom, or to whose order, the bill is to be payable.
(3) The provisions of this Act relating to a payee apply with the necessary modifications to an indorsee under a special indorsement.
(4) When a bill has been indorsed in blank, any holder may convert the blank indorsement into a special indorsement by writing above the indorser’s signature a direction to pay the bill to or to the order of himself or some other person.

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Source: https://www.legislation.gov.uk/ukpga/Vict/45-46/61/section/34 (the official version)
Page: https://openlegislation.uk/bills-of-exchange-act-1882/section-34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.