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Restrictive Endorsement
(redirected from Restrictive Endorsements)

   Also found in: Legal 0.02 sec.
Restrictive endorsement
An endorsement signature on the back of a check that specifies the conditions under which the check can be transferred or paid out.

Restrictive Endorsement
An endorsement on a check with restrictions. An endorsement is a signature on the back of a check stating that the payee has consented to receive the funds from the payer. A restrictive endorsement states the circumstances under which the payee will accept the funds under the signature.


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Florida agents must thoroughly review and understand the breadth and implications of these restrictive endorsements and, where alternative coverage is not available, ensure that their policyholders are fully informed.
Marked with restrictive endorsements, such as ``Personal'' or ``Confidential.
In 2001, however, carriers are actively investigating and implementing restrictive endorsements.
 
 
 
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