810 ILCS 5/7-506

Current through Public Act 103-593
Section 810 ILCS 5/7-506 - 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.

810 ILCS 5/7-506

Amended by P.A. 095-0895,§ 10, eff. 1/1/2009.
Laws 1961, p. 2101.