Worcester, MA asked in Real Estate Law and Banking for Massachusetts

Q: Regarding an indorsement of a promissory note, does the "no space" test only apply to the originally printed side?

Does the "no space" test include using the backside of the original promissory note for an indorsement if that side of the paper is blank? Is there a citation for the actual wording of the "no space" test?

A "no space" test is showing that there is no room on the paper for an indorsement. It is a term I read in https://m.lw.com/thoughtLeadership/allonges-meeting-requirements-of-new-york-ucc

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2 Lawyer Answers
Christopher Tolley
Christopher Tolley
Answered
  • Boston, MA
  • Licensed in Massachusetts

A: Please explain what you mean by the "no space" test.

Anthony M. Avery
PREMIUM
Anthony M. Avery
Answered

A: A "no space test" is not a term used in the UCC. Endorsements, including Restrictions, can be written over printed words and often are. Before you mess that Note up, hire a NY attorney to examine it and advise you on the legal implications of what you want to do.

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