Inicio > Term: not to order clause
not to order clause
A bill or cheque marked «not to order» cannot be transferred through endorsement. Transfer may only be effected by assignment since the «not to order» clause changes an order paper into a registered security.
- Parte del discurso: noun
- Industria/ámbito: Banca
- Categoría: Banca de inversión
- Company: UBS
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Creador
- Stefan K
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