Code of Virginia § 8.7-505. Endorser not a guarantor for other parties.
37 words·~1 min read·
/va/title-8-7/chapter-5/8-7-505A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The endorsement of a tangible document issued by a bailee does not make the endorser liable for any default by the bailee or by previous endorsers.
Code 1950, § 61-48; 1964, c. 219; 2004, c. 200 .