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Statutes > Virginia Laws > Title 8.7 - COMMERCIAL CODE - WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE. > Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer (8.7-501 thru 8.7-509) > 8.7-505 - Endorser not a guarantor for other parties.

STATE STATUTES & CODES

VIRGINIA STATUTES AND CODES

8.7-505 - Endorser not a guarantor for other parties.

§ 8.7-505. Endorser not a guarantor for other parties.

The endorsement of a tangible document issued by a bailee does not make theendorser liable for any default by the bailee or by previous endorsers.

(Code 1950, § 61-48; 1964, c. 219; 2004, c. 200.)

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