§ 7-505. Endorser Not a Guarantor For Other Parties
Oklahoma Statutes AnnotatedTitle 12A. Commercial Code
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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