What Is A Blank Stock Check?
California Penal Code 475 PC prohibits you from having in your possession an unfinished check with the intent to fill it in yourself and use it. ... The law states that it doesn't matter if the check you had in your possession was real or fake, completing it with fraudulent intentions is illegal.
Is Possessing a Blank Check Illegal in California? - Appel & Morse
What are blank checks used for?
Those blank "convenience checks" from your credit card company offer a quick way to write yourself a loan, pay bills or transfer other loans to your credit card account.
FDIC Consumer News Spring 2009
What does offering a blank check mean?
If someone is given a blank check, they are given the authority to spend as much money as they need or want.
Blank check definition and meaning | Collins English Dictionary
Blank check preferred stock refers to shares of a class of a firm's preferred stock authorized by its board of directors, but without further stockholder action. ... The preferred shares could be given special voting rights or be convertible to common stock, which is useful in a hostile takeover bid defense.
Blank Check Preferred Stock - Investopedia