810 ILCS 5/7-505: Indorser not a guarantor for other parties.
Where this section sits in the code
- CHAPTER 810 COMMERCIAL CODE
- Uniform Commercial Code.
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 2026-09-15T04:46:47Z. Source file · JSON