ENDORSEMENT OF CHECKS BY OTHER THAN PAYEE AGENCY - 8034-4

(Revised: 05/1998)

(Renumbered from 8034.3)

Negotiable instruments received by a state agency but payable to another state agency may be endorsed and deposited by the receiving agency when they are known to be a proper payment to the receiving agency. The endorsement must contain a statement guaranteeing the absence of prior endorsement as prescribed in SAM Section 8034.1.