Missouri Revised Statutes

Chapter 411
Missouri Grain Warehouse Law
Section 411.571

August 28, 2012


Transferor of receipt to endorse.

411.571. 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.

(L. 1965 p. 606)


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