§ 25-7-506. Delivery without indorsement; right to compel indorsement. - North Carolina Statutes

§ 25‑7‑506. Delivery without indorsement; right to compel indorsement.

The transferee of a negotiabletangible document of title has a specifically enforceable right to have itstransferor supply any necessary indorsement, but the transfer becomes a negotiationonly as of the time the indorsement is supplied. (1917, c. 37, s. 43; 1919, c.65, s. 33; C.S., ss. 315, 4083; 1965, c. 700, s. 1; 2006‑112, s. 25.)