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.
Structure Code of Alabama
Article 7 - Warehouse Receipts, Bills of Lading and Other Documents of Title.
Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer.
Section 7-7-501 - Form of Negotiation and Requirements of Due Negotiation.
Section 7-7-502 - Rights Acquired by Due Negotiation.
Section 7-7-503 - Document of Title to Goods Defeated in Certain Cases.
Section 7-7-505 - Indorser Not Guarantor for Other Parties.
Section 7-7-506 - Delivery Without Indorsement: Right to Compel Indorsement.
Section 7-7-507 - Warranties on Negotiation or Delivery of Document of Title.
Section 7-7-508 - Warranties of Collecting Bank as to Documents of Title.
Section 7-7-509 - Adequate Compliance With Commercial Contract.