# Minn. Stat. § 336.8-304: ENDORSEMENT

> Minnesota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.8-304

## Section

- **Citation:** Minn. Stat. § 336.8-304
- **Heading:** ENDORSEMENT
- **Jurisdiction:** Minnesota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MN Code / Part 324_342 / Chapter 336 / Section 336.8-304

## Text

(a) An endorsement may be in blank or special. An endorsement in blank includes an endorsement to bearer. A special endorsement specifies to whom a security is to be transferred or who has power to transfer it. A holder may convert a blank endorsement to a special endorsement.

(b) An endorsement purporting to be only part of a security certificate representing units intended by the issuer to be separately transferable is effective to the extent of the endorsement.

(c) An endorsement, whether special or in blank, does not constitute a transfer until delivery of the certificate on which it appears or, if the endorsement is on a separate document, until delivery of both the document and the certificate.

(d) If a security certificate in registered form has been delivered to a purchaser without a necessary endorsement, the purchaser may become a protected purchaser only when the endorsement is supplied. However, against a transferor, a transfer is complete upon delivery and the purchaser has a specifically enforceable right to have any necessary endorsement supplied.

(e) An endorsement of a security certificate in bearer form may give notice of an adverse claim to the certificate, but it does not otherwise affect a right to registration that the holder possesses.

(f) Unless otherwise agreed, a person making an endorsement assumes only the obligations provided in section 336.8-108 and not an obligation that the security will be honored by the issuer.

## Nearby sections

- [Minn. Stat. § 336.0A-102 § 336.0A-102 DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.0A-102.md)
- [Minn. Stat. § 336.0A-201 § 336.0A-201 SAVING CLAUSE.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.0A-201.md)
- [Minn. Stat. § 336.0A-302 § 336.0A-302 SECURITY INTEREST PERFECTED BEFORE EFFECTIVE DATE.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.0A-302.md)
- [Minn. Stat. § 336.0A-303 § 336.0A-303 SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.0A-303.md)
- [Minn. Stat. § 336.0A-304 § 336.0A-304 EFFECTIVENESS OF ACTIONS TAKEN BEFORE EFFECTIVE DATE.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.0A-304.md)
- [Minn. Stat. § 336.0A-305 § 336.0A-305 PRIORITY.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.0A-305.md)
- [Minn. Stat. § 336.1-101 § 336.1-101 SHORT TITLES.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.1-101.md)
- [Minn. Stat. § 336.1-102 § 336.1-102 SCOPE OF ARTICLE.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.1-102.md)
- [Minn. Stat. § 336.1-103 § 336.1-103 CONSTRUCTION OF UNIFORM COMMERCIAL CODE TO PROMOTE ITS PURPOSES AND POLICIES; APPLICABILITY OF SUPPLEMENTAL PRINCIPLES OF LAW.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.1-103.md)
- [Minn. Stat. § 336.1-104 § 336.1-104 CONSTRUCTION AGAINST IMPLIED REPEAL.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.1-104.md)
- [Minn. Stat. § 336.1-105 § 336.1-105 SEVERABILITY.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.1-105.md)
- [Minn. Stat. § 336.1-106 § 336.1-106 USE OF SINGULAR AND PLURAL; GENDER.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.1-106.md)
- [Minn. Stat. § 336.1-107 § 336.1-107 SECTION CAPTIONS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.1-107.md)
- [Minn. Stat. § 336.1-108 § 336.1-108 RELATION TO ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.1-108.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MN_P324_342_C336_S336.8-304. Check the current official text before relying on it. Not legal advice.