Special endorsement definition

Special endorsement means a proce- dure under which a security is re- deemed by an agent, qualified under the provisions of this part, for cash or on redemption-exchange (or forwarded for redemption to a designated Federal Reserve Bank, where appropriate), uti- lizing a special stamp placed on the se- curity in lieu of a request for payment signed by the owner.[53 FR 37519, Sept. 26, 1988, as amended at 59FR 10538, 10539, Mar. 4, 1994; 63 FR 38044, July14, 1998] § 330.2 Qualification for use of special endorsement.
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Special endorsement means a proce- dure under which a security is re- deemed by an agent, qualified under the provisions of this part, for cash or on redemption-exchange (or forwarded for redemption to a designated Federal Reserve Bank, where appropriate), uti- lizing a special stamp placed on the se- curity in lieu of a request for payment signed by the owner.[53 FR 37519, Sept. 26, 1988, as amended at 59FR 10538, 10539, Mar. 4, 1994; 63 FR 38044, July14, 1998] § 330.2 Qualification for use of special endorsement.(a) Application for authority. Any fi- nancial institution qualified as a pay- ing agent of savings bonds and notes under the provisions of Department of the Treasury Circular No. 750, current revision, may establish its eligibility 31 CFR Ch. II (7–1–11 Edition)to employ the special endorsement pro- cedure by executing and submitting the appropriate application-agreement form to the designated Federal Reserve Bank. In executing the form, the agent certifies that, by duly executed resolu- tion of its governing board or com- mittee, it has been authorized to apply for the privilege of paying and proc- essing securities in accordance with the provisions and conditions of this part (Circular No. 888, including all supplements, amendments, and revi- sions, and any related instructions). If the application is approved, the des- ignated Federal Reserve Bank will issue a certificate of qualification.(b) Agents previously qualified. Paying agents qualified under previous revi- sions of this part are authorized to con- tinue to act without requalification. They shall, however, be subject to the terms and conditions of the previously executed application and these regula- tions in the same manner and to the same extent as though they had re- qualified hereunder.(c) Termination of qualification. The Secretary of the Treasury reserves the right to withdraw the special endorse- ment authority from any paying agent at any time. Such authority will also be terminated at any time at the re- quest of the paying agent. In either event, formal notice of the termination shall be given to the agent in writing by the designated Federal Reserve Bank.[53 FR 37519, Sept. 26, 1988, as amended at 59FR 10539, Mar. 4, 1994] § 330.3 Special endorsement of securi- ties.(a) Form of endorsement. Each secu- rity processed under the provisions of this part shall bear the following en- dorsement:Request by owner and validity of trans- action guaranteed in accordance with T.D. Circular No. 888, as revi...
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Special endorsement. , in relation to a bill, means an endorsement that specifies the person to whom, or to whose order, the bill is payable;
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Examples of Special endorsement in a sentence

  • Special endorsement 71(3) For an endorsement to be a special endorsement, the endorsement must specify to whom the security is to be transferred or who has power to transfer the security.

  • Special endorsement No. 2 provides coverage for loss or damage to all private passenger vehicles, for a $1,000.00 deductable, and all other vehicles a $2,500.00 deductable.

  • Special endorsement No. 3 lists specifically additional named insureds and vehicles.

  • Special endorsement – is one where the holder signs the cheque on its back with directions to pay a specified person.

  • Special endorsement requirements: If you elect a special endorsement you must also complete an academic concentration.

  • NRS 631.287 Dental hygienists and dental therapists: Special endorsement of license to practice public health dental hygiene and dental therapy; renewal.

  • The expanded care dental hygiene model is already in place per NRS 631.287 Dental hygienists: Special endorsement of license to practice public health dental hygiene—expanded functions without direct supervision.

  • Special endorsement No. 1 included an OPCF-3 with permission to rent or lease vehicles so that all vehicles leased by Phasecom/Mastec would be covered by the policy.

  • Name of Driver : Relationship with Insured : Gender : Male Female Date of Birth : / / Address : City : State : Pin : Phone / Mobile Number : Email ID : Driving License : Issuing L.A. : Date of Issue : / / Date of Expiry : / / Type of License : Permanent Temporary Class : M-Cycle W/G M-Cycle Wo/G LMV Transport Non - Transport Goods Carrying Passenger Carrying Three Wheeler Special endorsement, specify if any : Downloaded from www.insureatclick.com - Broker : Loyal Insurance Brokers Ltd.

  • Special endorsement A special endorsement indicates the identified person to whom the endorser intends to make the instrument payable i.e. it names the endorsee.


More Definitions of Special endorsement

Special endorsement means the endorsement prescribed in Section 330.6 of Circular No. 888, Revised;
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Special endorsement means a procedure under which a security is redeemed by an agent, qualified under the provisions of this Part, for cash or on redemption-exchange (or forwarded for redemption to a Federal Reserve Bank, where appropriate), utilizing a special stamp placed on the security in lieu of a request for payment signed by the owner. § 330 .2 Q ualification fo r use o f special endorsem ent.
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Special endorsement means an endorsement to the Owner’s Title Policy deleting the standard exclusion from coverage for matters assumed or agreed to by the insured.
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Special endorsement means the authorization issued by the Secretary to those persons who comply with the requirements established in this Act for driving certain types of vehicles and furthermore, under the conditions established by the Public Service Commission or by any other legislation and applicable federal and state regulation, whenever such motor vehicle is used to transport toxic materials or dangerous substances.
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Related to Special endorsement

  • Indorsement has the meaning specified in Section 8-102(a)(11) of the UCC, and “Indorsed” has a corresponding meaning.

  • Necessary Endorsement means undated stock powers endorsed in blank or other proper instruments of assignment duly executed and such other instruments or documents as the Agent (as that term is defined below) may reasonably request.

  • Licensure by endorsement means the issuance of an Iowa license to practice as a barber to an applicant who is or has been licensed in another state.

  • Endorsement means a written endorsement issued by Us on the Schedule to record any changes to the applicable terms and conditions of this Policy or the details contained in the Schedule. Endorsements shall form a part of this Policy and shall be binding on You and Us. It is agreed that the terms of an Endorsement shall supersede any conflicting provisions in this Policy Document, Rider or Schedule.

  • Endorsement contract means an agreement under which a student athlete is employed or receives consideration to use on behalf of the other party any value that the student athlete may have because of publicity, reputation, following, or fame obtained because of athletic ability or performance.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • Acceptable Insurance Default shall have the meaning assigned to such term or analogous term in the Servicing Agreement.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.

  • Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

  • Duly Endorsed means duly endorsed in blank by the Person or Persons in whose name a stock certificate is registered or accompanied by a duly executed stock assignment separate from the certificate with the signature(s) thereon guaranteed by a commercial bank or trust company or a member of a national securities exchange or of the National Association of Securities Dealers, Inc.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Aircraft Mortgage means each Aircraft and Engine mortgage and security agreement entered into by any Borrower in favor of the Agent evidencing the Liens in respect of such Aircraft Collateral that will secure the Obligations, in each case as amended, modified, restated, supplemented or replaced from time to time.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • Mortgage Policy has the meaning specified in Section 4.01(a)(iv)(B).

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.