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Tex. Business & Commerce Code § 7.506

This is the official text of Tex. Business & Commerce Code § 7.506, part of Texas’s Business & Commerce Code — governs commercial transactions and general business practices.

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§ 7.506. DELIVERY WITHOUT INDORSEMENT; RIGHT TO COMPEL INDORSEMENT.

Official statutory text

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.

Status: in_force · Read it on the official government site

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