1307.506 Delivery without indorsement: right to compel indorsement - UCC 7-506.

Part 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer

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.

Cite as R.C. § 1307.506

History. Renumbered from § 1307.34 and amended by 129th General AssemblyFile No.9, HB 9, §1, eff. 6/29/2011.