Delivery without indorsement - right to compel indorsement.

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The transferee of a negotiable tangible document of title has a specifically enforceable right to have its transferor supply any necessary indorsement, but the transfer becomes a negotiation only as of the time the indorsement is supplied.

Source: L. 2006: Entire article R&RE, p. 488, § 2, effective September 1.

Editor's note: This section is similar to former § 4-7-506 as it existed prior to 2006.


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