N.J. Stat. § 12A:7-506

Current through L. 2024, c. 87.

Section 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.

N.J.S. § 12A:7-506

Amended by L., c. 65,s. 2, eff. 7/1/2013.

L.1961, c.120, s.7-506.