Section 440.7505 Documents of Title; Liability of Indorser.

MI Comp L § 440.7505 (2019) (N/A)
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Sec. 7505.

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 by previous indorsers.

History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2012, Act 87, Eff. July 1, 2013