Section 11-7-505. Indorser not guarantor for other parties

Latest version.

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.

Code 1933, § 109A-7--505, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 2010, p. 481, § 1-1/HB 451.

                    
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