Tex. Bus. & Com. Code § 7.506

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 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.

Tex. Bus. and Comm. Code § 7.506

Amended By Acts 2005, 79th Leg., Ch. 122, Sec. 1, eff. 9/1/2005.

Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. 9/1/1967.