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Section 57A-7-505 - Indorser not guarantor for other parties.

57A-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.

Source: SL 2009, ch 254, § 7-505.

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