Alabama Statutes

§ 7-7-505 — Indorser Not Guarantor for Other Parties

Alabama § 7-7-505
JurisdictionAlabama
Title 7Commercial Code
Art. 7Warehouse Receipts, Bills of Lading and Other Documents of Title
Part 5Warehouse Receipts and Bills of Lading: Negotiation and Transfer

This text of Alabama § 7-7-505 (Indorser Not Guarantor for Other Parties) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 7-7-505 (2026).

Text

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.

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Legislative History

(Prior version of this section added by Acts 1965, No. 549, p. 811; repealed by Act 2004-315, p. 464, §1; current section added by Act 2004-315, p. 464, §1.)

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Bluebook (online)
Alabama § 7-7-505, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/7-7-505.