Mich. Comp. Laws § 440.7506

Current through Public Act 156 of the 2024 Legislative Session

Section 440.7506 - Documents of title; delivery without indorsement; right to have indorsement supplied

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.

MCL 440.7506

Amended by 2012, Act 87,s 51, eff. 7/1/2013.

1962, Act 174, Eff. 1/1/1964.