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Code · Illinois · Chapter 810 — COMMERCIAL CODE · Act 5

Sec. 7-506. Delivery without indorsement: right to compel indorsement.

46 words·~1 min read·/il/chapter-810/act-5/7-506

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Sec. 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.
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