§ 25-7-505 - Indorser not guarantor for other parties.
NC Gen Stat § 25-7-505 (2019) (N/A)
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25-7-505. 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.