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November 13, 2024 Clear | 35°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XV REGULATION OF TRADE
  4. Chapter 106 UNIFORM COMMERCIAL CODE
  5. Article 7 DOCUMENTS OF TITLE
  6. Section 7-505 Indorser Not Guarantor For Other Parties

Section 7-505

Section 7-505: Indorser Not Guarantor For Other Parties

Section 7–505. 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.