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§ 7-505. Indorser not guarantor for other parties

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 7. Documents of Title (Refs & Annos)
Subtitle 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer (Refs & Annos)
MD Code, Commercial Law, § 7-505
§ 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.


Added by Acts 2004, c. 95, § 2, eff. Oct. 1, 2004.
MD Code, Commercial Law, § 7-505, MD COML § 7-505
Current with legislation effective through July 1, 2023, from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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