810 ILCS 5/7-506

810 ILCS 5/7-506
in effect
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(810 ILCS 5/7-506) (from Ch. 26, par. 7-506) Sec. 7-506. Delivery without indorsement: right to compel indorsement. 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. (Source: P.A. 95-895, eff. 1-1-09.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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