Cal. Com. Code § 7506

Current through the 2023 Legislative Session.

Section 7506 - 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.

Ca. Com. Code § 7506

Added by Stats 2006 ch 254 (SB 1481),s 49, eff. 1/1/2007.