Section 6A-7-505 Indorser not guarantor for other parties.

RI Gen L § 6A-7-505 (2019) (N/A)
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§ 6A-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.

History of Section. (P.L. 2006, ch. 112, § 6; P.L. 2006, ch. 135, § 6.)