DELIVERY WITHOUT INDORSEMENT — RIGHT TO COMPEL INDORSEMENT.

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28-7-506. DELIVERY WITHOUT INDORSEMENT — RIGHT TO COMPEL INDORSEMENT. 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.

History:

[28-7-506, added 2004, ch. 42, sec. 2, p. 95.]


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