☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 411

< > Effective - 28 Aug 1965 bottom

  411.571.  Transferor of receipt to endorse. — Where a negotiable receipt is transferred for value by delivery, and the endorsement of the transferor is essential for negotiation, the transferee acquires a right against the transferor 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.

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(L. 1965 p. 606)


---- end of effective  28 Aug 1965 ----

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