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Documents Of Title; Delivery Without Indorsement; Right To Compel Indorsement - Mich. Comp. Laws Section 440.7506

Legal Research Home > Michigan Lawyer > Uniform Commercial Code > Documents Of Title; Delivery Without Indorsement; Right To Compel Indorsement - Mich. Comp. Laws Section 440.7506

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UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962

440.7506 Documents of title; delivery without indorsement; right to compel indorsement.

Sec. 7506.

The transferee of a negotiable document of title has a specifically enforceable right to have his transferor supply any necessary indorsement but the transfer becomes a negotiation only as of the time the indorsement is supplied.

History: 1962, Act 174, Eff. Jan. 1, 1964

Section: Previous 440.7403 440.7404 440.7501 440.7502 440.7503 440.7504 440.7505 440.7506 440.7507 440.7508 440.7509 440.7601 440.7602 440.7603 440.8101 Next

Last modified: January 1, 2008