New York Statutes
§ 7-505 — Indorser Not Guarantor for Other Parties
New York·Law UCC Uniform Commercial Code·Part 5 Warehouse Receipts and Bills of Lading: Negotiation and Transfer·Art. 7 Documents of Title
Section 7--505. Indorser Not Guarantor for Other Parties.\n The indorsement of a tangible document of title issued by a bailee\ndoes not make the indorser liable for any default by the bailee or\nprevious indorsers.\n
Free access — add to your briefcase to read the full text and ask questions with AI
New York § 7-505 (Indorser Not Guarantor for Other Parties) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.