Commercial Code § 7506

CHAPTER 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer

Current as of September 28, 2026Com. Code, § 7506Official source ↗Ask about this

Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.

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.