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California Commercial Code

§ 7506

COM § 7506 Effective Jan 1, 2007Div. 7 · Ch. 5

Statute text

View on leginfo.ca.gov
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.

Legislative history

Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.

Source: California Commercial Code § 7506 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.