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Form a Business

Documents of title; delivery without indorsement; right to have indorsement supplied.

MCL 440.7506
in effect
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440.7506. Documents of title; delivery without indorsement; right to have indorsement supplied. Sec. 7506. 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. 1962, Act 174, Eff. Jan. 1, 1964; Am. 2012, Act 87, Eff. July 1, 2013
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-440-7506Fetched: 10/20/2026

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