Kentucky Revised Statutes · § 355.7-505 — Indorser not guarantor for other parties
355.7-505. 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.
Source notes
Effective: July 12, 2012
History and annotations
Repealed and reenacted 2012 Ky. Acts ch. 132, sec. 34, effective July 12, 2012. -- Created 1958 Ky. Acts ch. 77, sec. 7-505, effective July 1, 1960.
