GroundRules
11 M.R.S. §7-1505: Indorser not guarantor for other parties
Where this section sits in the code
- TITLE 11: UNIFORM COMMERCIAL CODE
- 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 2026-09-04T15:12:25Z. Source file · JSON