Alabama Statutes
§ 7-7-506 — Delivery Without Indorsement: Right to Compel Indorsement
Alabama·Title 7 Commercial Code·Art. 7 Warehouse Receipts, Bills of Lading and Other Documents of Title·Part 5 Warehouse Receipts and Bills of Lading: Negotiation and Transfer
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.
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Alabama § 7-7-506 (Delivery Without Indorsement: Right to Compel Indorsement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Prior version of this section added by Acts 1965, No. 549, p. 811; repealed by Act 2004-315, p. 464, §1; current section added by Act 2004-315, p. 464, §1.)
Nearby Sections
15
§ 7-1-101
Short Titles§ 7-1-102
Scope of Article§ 7-1-104
Construction Against Implied Repeal§ 7-1-105
Severability§ 7-1-106
Use of Singular and Plural; Gender§ 7-1-107
Section Captions§ 7-1-109
Section Captions§ 7-1-201
General Definitions§ 7-1-202
Notice; Knowledge§ 7-1-204
Value§ 7-1-205
Reasonable Time; Seasonableness§ 7-1-206
Presumptions