Mass. Gen. Laws ch. 106 § 7-506

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session

Section 106:7-506 - 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.

Mass. Gen. Laws ch. 106, § 7-506

Amended by Acts 2013, c. 30,§ 45, eff. 7/1/2013.