Montana Statutes

§ 30-7-506 — Delivery Without Endorsement -- Right To Compel Endorsement

Montana·Title 30 TRADE AND COMMERCE·Ch. 7 UNIFORM COMMERCIAL CODE -- WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE·Part 5 Warehouse Receipts and Bills of Lading Negotiation and Transfer
30-7-506 . Delivery without endorsement -- right to compel endorsement. The transferee of a negotiable document of title has a specifically enforceable right to have its transferor supply any necessary endorsement, but the transfer becomes a negotiation only as of the time the endorsement is supplied.

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Legislative History

En. Sec. 7-506, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-506; amd. Sec. 66, Ch. 575, L. 2005.

Nearby Sections

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