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§ 7-505. Endorser Not a Guarantor For Other Parties

Oklahoma Statutes AnnotatedTitle 12A. Commercial Code

Oklahoma Statutes Annotated
Title 12a. Commercial Code (Refs & Annos)
Article 7. Warehouse Receipts, Bills of Lading and Other Documents of Title (Refs & Annos)
Part 5. Warehouse Receipts and Bills of Lading: Negotiations and Transfer
12A Okl.St.Ann. § 7-505
§ 7-505. Endorser Not a Guarantor For Other Parties
Endorser Not a Guarantor For Other Parties.
The endorsement of a tangible document of title issued by a bailee does not make the endorser liable for any default by the bailee or by previous endorsers.

Credits

Laws 1961, p. 150, § 7-505; Laws 2005, c. 140, § 32, eff. Jan. 1, 2006.
12A Okl. St. Ann. § 7-505, OK ST T. 12A § 7-505
Current with emergency effective legislation through Chapter 182 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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