Legislation

Search OpenLegislation Statutes

previous
  • SECTION 7-505
    Indorser Not Guarantor for Other Parties
    • up
  • PART 5
    Warehouse Receipts and Bills of Lading: Negotiation and Transfer
    • next
  • SECTION 7-507
    Warranties on Negotiation or Delivery of Document of Title
    • This entry was published on 2014-12-26
    NOTE: The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.

    SECTION 7-506

    Delivery Without Indorsement: Right to Compel Indorsement

    Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 7, PART 5

    Section 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.