407.506 Delivery without endorsement; right to compel endorsement.

407.506

407.506 Delivery without endorsement; right to compel endorsement. The transferee of a negotiable tangible 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.

407.506 - ANNOT.

History: 2009 a. 322.