SDCL § 57A-7-505: Indorser not guarantor for other parties.
Where this section sits in the code
- TITLE 57A. UNIFORM COMMERCIAL CODE
- CHAPTER 57A-7. DOCUMENTS OF TITLE
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.
Source: SL 2009, ch 254, § 7-505.
Collected 2026-09-03T15:18:57Z. Source file · JSON