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NEW MEXICO STATUTES AND CODES

Section 55-7-506 - Delivery without indorsement; right to compel indorsement.

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.

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