Delivery without endorsement -- right to compel endorsement

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30-7-506. Delivery without endorsement -- right to compel endorsement. The transferee of a negotiable document of title has a specifically enforceable right to have its transferor supply any necessary endorsement, but the transfer becomes a negotiation only as of the time the endorsement is supplied.

History: En. Sec. 7-506, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-506; amd. Sec. 66, Ch. 575, L. 2005.


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