Section 45.07.505. Endorser not guarantor for other parties.

Latest version.

The endorsement of a tangible document of title issued by a bailee does not make the endorser liable for a default by the bailee or previous endorsers.

Notes

History

(Sec. 7.505 ch 114 SLA 1962; am Sec. 72 ch 44 SLA 2009)

                    
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