Section 440.7505 - Documents of title; liability of indorser.
UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
440.7505 Documents of title; liability of indorser.
Sec. 7505.
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.
History: 1962, Act 174, Eff. Jan. 1, 1964