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ARKANSAS STATUTES AND CODES
§ 4-7-505 - Indorser not guarantor for other parties.
4-7-505. 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.
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.
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