Indorsement

In respect of a:

  • Bill of Exchange, in order to operate as a Negotiation must be written on the Bill of Exchange (or on an Allonge) and signed by the Holder (the signature of the Holder is sufficient) and completed by Delivery, and
  • Bill of Lading, in order to operate as a Negotiation must be written on the Bill of Lading and signed by the Consignee, the Shipper or a transferee of either of them (each as applicable).
     

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