§ 7—505.
45 words·~1 min read·
/vt/7-34A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 7—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. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)