Ark. Code Ann. § 4-7-505: Indorser not guarantor for other parties.
Where this section sits in the code
- Title 4 Business and Commercial Law
- Subtitle 1. Uniform Commercial Code
- Chapter 7 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 2026-09-17T21:07:03Z. Source file · JSON