Statutes > Alaska Statutes > Title 45 - TRADE AND COMMERCE > Chapter 45.07. - WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE > Article 05 - WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER > Sec. 45.07.505. - Endorser not guarantor for other parties.

Sec. 45.07.505. - Endorser not guarantor for other parties.

The endorsement of a tangible document of title issued by a bailee does not make the endorser liable for a default by the bailee or previous endorsers.