Mo. Rev. Stat. § 411.571

Current with changes from the 2024 Legislative Session
Section 411.571 - Transferor of receipt to endorse

Where a negotiable receipt is transferred for value by delivery, and the endorsement of the transferor is essential for negotiation, the transferee acquires a right against the transferor to compel him to endorse the receipt unless a contrary intention appears. The negotiation shall take effect as of the time when the endorsement is actually made.

§ 411.571, RSMo

L. 1965 p. 606