State Codes and Statutes

Statutes > New-mexico > Chapter-55 > Article-7 > Section-55-7-506

55-7-506. 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.

State Codes and Statutes

Statutes > New-mexico > Chapter-55 > Article-7 > Section-55-7-506

55-7-506. 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.


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-55 > Article-7 > Section-55-7-506

55-7-506. 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.