Neb. U.C.C. § 7-505

Current with changes through the 2024 First Special Legislative Session

Section 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.

Neb. U.C.C. § 7-505

Laws 2005, LB 570, § 90.