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Art. 1004

220COFederal ActJan 1, 1912Original source
  1. The endorsement transfers all rights arising from the bill of exchange.
  2. If it is a blank endorsement, the bearer may:
  3. add his name or the name of another person to the endorsement;
  4. endorse the bill further by blank endorsement or endorsement to a specified person;
  5. negotiate the bill further without completing the blank endorsement and without endorsing it.

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