Cal. Com. Code § 7505

Current through the 2023 Legislative Session.

Section 7505 - 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 endorsers.

Ca. Com. Code § 7505

Added by Stats 2006 ch 254 (SB 1481),s 49, eff. 1/1/2007.