{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-7-505","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 7-505","heading":"Indorser Not Guarantor for Other Parties","body":"Section 7--505. Indorser Not Guarantor for Other Parties.\n  The indorsement of a tangible document of title issued by a bailee\ndoes not make the indorser liable for any default by the bailee or\nprevious indorsers.","path":["Uniform Commercial Code Law","Article 7. Documents of Title","Part 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/7-505","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"e47bb8d3ea34c4da03fa3a1a41bcd29f2adfeb2d17ba7d889472a072a9306ca8","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-7-504","next":"us-ny/n.y.-uniform-commercial-code-law-7-506"},"notice":"GroundRules: Original legal text. Not legal advice."}