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URL:http://alisondb.legislature.state.al.us/alison/CodeOfAlabama
/1975/7-7-506.htm
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Modified:2008-07-28 14:30:58
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Title:7-7-506
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Body:Section 7-7-506

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.

(Prior version of this section added by Acts 1965, No. 549, p. 811; repealed by Act 2004-315, p. 464, §1; current section added by Act 2004-315, p. 464, §1.)