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.
Ark. Code Ann. § 4-7-506
Delivery without indorsement — Right to compel indorsement
Known as the Uniform Commercial Code
The act spans §§ 4–4 (597 sections).
Acts 2007, No. 342, § 1.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.