Delivery without indorsement — right to compel indorsement.

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Effective - 28 Aug 2017, 2 histories

400.7-506. 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.

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(L. 1963 p. 503 § 7-506, A.L. 2017 H.B. 34)


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