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Code · Utah · Title 70A — Uniform Commercial Code · Chapter 7A

70A-7a-505. Indorser not guarantor for other parties.

42 words·~1 min read·/ut/title-70a/chapter-7a/70a-7a-505

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70A-7a-505. Indorser not guarantor for other parties.
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.
Enacted by Chapter 42 , 2006 General Session
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