Section 1307.506 | Delivery without indorsement: right to compel indorsement - UCC 7-506.
Effective:
June 29, 2011
Latest Legislation:
House Bill 9 - 129th General Assembly
Delivery without indorsement: right to compel indorsement [UCC 7-506]
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.
Available Versions of this Section
- June 29, 2011 – House Bill 9 - 129th General Assembly [ View June 29, 2011 Version ]