House Status:
Senate Status:
Senate Status:
2023 Statute
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34-283. Where a negotiable receipt is transferred for value by delivery, and the endorsement of the transfer* is essential for negotiation, the transferee acquires a right against the transferer to compel him to endorse the receipt unless a contrary intention appears. The negotiation shall take effect as of the time when the endorsement is actually made. |
History: L. 1931, ch. 194, § 61; July 1. |
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2024. Powered by KLISS. Rendered: 2024-06-17T00:43:41. Head Rev No: 787010(I)