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1997 Florida Statutes
SECTION 307
Effect of delivery without indorsement; right to compel indorsement.
Effect of delivery without indorsement; right to compel indorsement.
678.307 Effect of delivery without indorsement; right to compel indorsement.--If a certificated security in registered form has been delivered to a purchaser without a necessary indorsement he or she may become a bona fide purchaser only as of the time the indorsement is supplied; but against the transferor, the transfer is complete upon delivery and the purchaser has a specifically enforceable right to have any necessary indorsement supplied.
History.--s. 1, ch. 65-254; s. 1, ch. 87-275; s. 662, ch. 97-102.
Note.--s. 8-307, U.C.C.; supersedes ss. 674.51, 614.11.