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§ 7505. Indorser not guarantor for other parties

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 13 Pa.C.S.A. Commercial CodeEffective: June 16, 2008

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 13 Pa.C.S.A. Commercial Code (Refs & Annos)
Division 7. Warehouse Receipts, Bills of Lading and Other Documents of Title (Refs & Annos)
Chapter 75. Warehouse Receipts and Bills of Lading: Negotiation and Transfer (Refs & Annos)
Effective: June 16, 2008
13 Pa.C.S.A. § 7505
§ 7505. Indorser not guarantor for other parties
Currentness
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.

Credits

2008, April 16, P.L. 57, No. 13, § 13, effective in 60 days [June 16, 2008].
13 Pa.C.S.A. § 7505, PA ST 13 Pa.C.S.A. § 7505
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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