26-1-7-505. Endorser not a guarantor for other parties

IN Code § 26-1-7-505 (2019) (N/A)
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Sec. 505. 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.

Formerly: Acts 1963, c.317, s.7-505. As amended by P.L.143-2007, SEC.56.