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12A:7-505 - Indorser not a guarantor for other parties
12A:7-505. Indorser not a guarantor for other parties
The indorsement of a document of title issued by a bailee does not make the indorser liable for any default by the bailee or by previous indorsers.
L.1961, c. 120, s. 7-505.
The indorsement of a document of title issued by a bailee does not make the indorser liable for any default by the bailee or by previous indorsers.
L.1961, c. 120, s. 7-505.
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