Section 400.7-505 Indorser not a guarantor for other parties.

MO Rev Stat § 400.7-505 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Effective 28 Aug 2017

400.7-505. Indorser not a 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.

­­--------

(L. 1963 p. 503 § 7-505, A.L. 2017 H.B. 34)