GroundRules
N.Y. Uniform Commercial Code Law § 7-505: Indorser Not Guarantor for Other Parties
Where this section sits in the code
- Uniform Commercial Code Law
- Article 7. Documents of Title
- Part 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer
Section 7--505. 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.
Collected 2026-09-14T19:32:45Z. Source file · JSON