407.505 Endorser not guarantor for other parties.
34 words·~1 min read·
/wi/chapter-407/407-505-12A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
407.505 Endorser not guarantor for other parties. The endorsement of a tangible document of title issued by a bailee does not make the endorser liable for any default by the bailee or previous endorsers.