§7-505. Indorser not guarantor for other parties

Link to law: http://legislature.vermont.gov/statutes/section/09A/007/00505
Published: 2015

Print

The Vermont Statutes Online



Title

09A

:
Uniform Commercial Code






Chapter

007

:
Documents of Title











 

§

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 2015, No.

51, § B.3, eff. June 3, 2015.)
Read Entire Law on legislature.vermont.gov