Code of Alabama - Title 7: Commercial Code - Section 7-7-506 - Delivery without indorsement: right to compel indorsement
Section 7-7-506 - 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.
(Prior version of this section added by Acts 1965, No. 549, p. 811; repealed by Act 2004-315, p. 464, §1; current section added by Act 2004-315, p. 464, §1.)