Montana Statutes
§ 30-7-505 — Endorser Not A Guarantor For Other Parties
Montana·Title 30 TRADE AND COMMERCE·Ch. 7 UNIFORM COMMERCIAL CODE -- WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE·Part 5 Warehouse Receipts and Bills of Lading Negotiation and Transfer
30-7-505 . Endorser not a guarantor for other parties. The endorsement of a document of title issued by a bailee does not make the endorser liable for any default by the bailee or by previous endorsers.
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Legislative History
En. Sec. 7-505, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-505.
Nearby Sections
15
§ 30-7-101
Short Title§ 30-7-102
Definitions And Index Of Definitions§ 30-7-103
Relation Of Chapter To Treaty Or Statute§ 30-7-105
Repealed§ 30-7-106
Reissuance In Alternative Medium§ 30-7-107
Control Of Electronic Document Of Title§ 30-7-202
Form Of Warehouse Receipt§ 30-7-208
Altered Warehouse Receipts