GroundRules
Ala. Code § 7-7-505: Indorser Not Guarantor for Other Parties.
Where this section sits in the code
- Title 7 Commercial Code.
- Article 7 Warehouse Receipts, Bills of Lading and Other Documents of Title.
- Part 5 Warehouse Receipts and Bills of Lading: Negotiation and Transfer.
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.
Collected 2026-09-03T14:01:52Z. Source file · JSON