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New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS
Chapter 7:
Section: 12A:7-505: Indorser not guarantor for other parties.
12A: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.
L.2013, c.65, s.2.
This section added to the Rutgers Database: 2013-06-22 15:32:22.
Older versions of 12a:7-505 (if available):
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