2006 Alabama Code - Section 7-7-506 — Delivery without indorsement: right to compel indorsement.

THIS SECTION IS REPEALED AND REPLACED BY ACT 2004-315, 2004 REGULAR SESSION, EFFECTIVE JANUARY 1, 2005.

The transferee of a negotiable document of title has a specifically enforceable right to have his transferor supply any necessary indorsement but the transfer becomes a negotiation only as of the time the indorsement is supplied.

(Acts 1965, No. 549, p. 811.)

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