N.J.S.A. 12A:7-506

Delivery without indorsement: right to compel indorsement.

12A:7-506. Delivery without indorsement: right to compel indorsement. 12A: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. L.2013, c.65, s.2.

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This is the verbatim text of N.J.S.A. 12A:7-506, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 12A:7-506 — Delivery without indorsement: right to compel indorsement. | Kyzer