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.
N.C. Gen. Stat. § 25-7-506
Delivery without indorsement; right to compel indorsement
Known as the Uniform Commercial Code
The act spans §§ 25-1-101 to 25-9-710 (616 sections).
1917, c. 37, s. 43; 1919, c. 65, s. 33; C.S., ss. 315, 4083; 1965, c. 700, s. 1; 2006-112, s. 25.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.