§ 7-505. Indorser not guarantor for other parties.
27 words·~1 min read·
/de/title-6/chapter-7/7-505A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The indorsement of a tangible document of title issued by a bailee does not make the indorser liable for any default by the bailee or previous indorsers.