TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 7

DOCUMENTS OF TITLE

PART 5.

WAREHOUSE RECEIPTS AND BILLS OF LADING — NEGOTIATION AND TRANSFER

28-7-506.  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.

History:

[28-7-506, added 2004, ch. 42, sec. 2, p. 95.]