Uniform Commercial Code
Uniform Commercial Code - Documents of Title
Section 505
Indorser not guarantor for other parties.
     70A-7a-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.

Enacted by Chapter 42, 2006 General Session
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