{"data":{"id":"us-nc/n.c.-gen.-stat.-25-7-505","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-7-505","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. (1917, c. 37, s. 45; 1919, c. 65, s. 35; C.S., ss. 317, 4085; 1965, c. 700, s. 1; 2006-112, s. 25.)","path":["Chapter 25. Uniform Commercial Code.","Article 7. Documents of Title.","Part 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-7-505.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"5cac33d05c7435fd915544f90935f3457df8b64284a887d7c84c8c055a1d51f9","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-7-504","next":"us-nc/n.c.-gen.-stat.-25-7-506"},"notice":"GroundRules: Original legal text. Not legal advice."}