N.J. Stat. § 12A:7-505: Indorser not guarantor for other parties.
Where this section sits in the code
- TITLE 12A COMMERCIAL TRANSACTIONS
Indorser Not Guarantor For Other Parties.
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.
L.2013, c.65, s.2.
Collected 2026-08-27T17:54:13Z. Source file · JSON