PDFRCW 62A.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.

[ 2012 c 214 s 606; 1965 ex.s. c 157 s 7-506. Cf. former RCW sections: (i) RCW 22.04.440; 1913 c 99 s 43; RRS s 3629. (ii) RCW 63.04.360; 1925 ex.s. c 142 s 35; RRS s 5836-35. (iii) RCW 81.32.341; 1961 c 14 s 81.32.341; prior: 1915 c 159 s 34; RRS s 3680; formerly RCW 81.32.430.]

NOTES:

Application—Savings—2012 c 214: See notes following RCW 62A.1-101.