- 1、Theendorseemayexercisetherightsonthebillwhenexercisinghisrightofpledgeaccordingtolaw.2、Iftherestrictedendorsementre-transferofauthority,thenallsubsequentendorseerighthandrightsandassumetheobligationsandlimitationsofthefirstendorseeendorsementofth...
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