§ 25-7-505 - Indorser not guarantor for other parties.

NC Gen Stat § 25-7-505 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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.