8.7-506 - Delivery without endorsement; right to compel endorsement.

§ 8.7-506. Delivery without endorsement; right to compel endorsement.

The transferee of a negotiable document has a specifically enforceable rightto have his transferor supply any necessary endorsement but the transferbecomes a negotiation only as of the time the endorsement is supplied.

(Code 1950, § 61-46; 1964, c. 219; 2004, c. 200.)