Statute · California Commercial Code
Cal. Com. Code § 7506 — Warehouse Receipts and Bills of Lading: Negotiation and Transfer
Cal. Com. Code § 7506
- Type
- Statute
- Source
- California Commercial Code
- Jurisdiction
- California
- Date
- 2007-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Com. Code § 7506 — Warehouse Receipts and Bills of Lading: Negotiation and Transfer is in force in the current edition of the Code, and nothing recorded condemns it.
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.