Section - 16. Indorsement "in blank" and "in full"

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[(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.

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

1. Subs. by Act 8 of 1919. s. 2, for “payable to, or to the order of, a payee,” .
2. Subs. by Act 36 of 1957, s. 3 and the Second Schedule “a State”.
3. Subs. by Act 8 of 1919, s. 3, for the original sub-section.
4. Ins. by Act 5 of 1914, s. 2.
5. S. 16 renumbered as sub-section (1) by s. 3, ibid.
6. Ins. by s. 3, ibid.

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