Statutes > Massachusetts Statutes > PART I ADMINISTRATION OF THE GOVERNMENT > TITLE XV REGULATION OF TRADE > CHAPTER 106 UNIFORM COMMERCIAL CODE > ARTICLE 7 WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHERDOCUMENTS OF TITLE > Section 7-505 Indorser Not a Guarantor for Other Parties

Section 7-505 Indorser Not a Guarantor for Other Parties

Section 7-505. The indorsement of a document of title issued by a bailee does not make the indorser liable for any default by the bailee or by previous indorsers.