{"data":{"id":"us-me/11-m.r.s.-7-1505","jurisdiction":"us-me","citation":"11 M.R.S. §7-1505","heading":"Indorser not guarantor for other parties","body":"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.","path":["TITLE 11: UNIFORM COMMERCIAL CODE","PART 5: WAREHOUSE RECEIPTS AND BILLS OF LADING:  NEGOTIATION AND TRANSFER"],"source_url":"https://legislature.maine.gov/statutes/11/title11sec7-1505.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:25Z","sha256":"62f02be3ec2606498a38e401c821293903611e4d0f0c6b0100f3db803dcd736e","source_id":"us-me","stale":false,"prev":"us-me/11-m.r.s.-7-1504","next":"us-me/11-m.r.s.-7-1506"},"notice":"GroundRules: Original legal text. Not legal advice."}