Mass. Gen. Laws ch. 106 § 7-505

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session

Section 106:7-505 - 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.

Mass. Gen. Laws ch. 106, § 7-505

Amended by Acts 2013, c. 30,§ 45, eff. 7/1/2013.