Delivery without indorsement: right to compel indorsement.

  1. Law
  2. New Jersey Revised Statutes
  3. Commercial Transactions
  4. Delivery without indorsement: right to compel indorsement.

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12A:7-506. Delivery without indorsement: right to compel indorsement.

12A: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.

L.2013, c.65, s.2.


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