Statutes > Montana Statutes > TITLE 30. TRADE AND COMMERCE > CHAPTER 7. UNIFORM COMMERCIAL CODE -- WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE > Part 5. Warehouse Receipts and Bills of Lading Negotiation and Transfer > 30-7-506. Delivery without endorsement -- right to compel endorsement.

30-7-506. Delivery without endorsement -- right to compel endorsement.


     30-7-506. Delivery without endorsement -- right to compel endorsement. The transferee of a negotiable document of title has a specifically enforceable right to have its transferor supply any necessary endorsement, but the transfer becomes a negotiation only as of the time the endorsement is supplied.

     History: En. Sec. 7-506, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-506; amd. Sec. 66, Ch. 575, L. 2005.