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Documents Of Title; Liability Of Indorser - Mich. Comp. Laws Section 440.7505

Legal Research Home > Michigan Lawyer > Uniform Commercial Code > Documents Of Title; Liability Of Indorser - Mich. Comp. Laws Section 440.7505

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UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962

440.7505 Documents of title; liability of indorser.

Sec. 7505.

The indorsement of a document of title issued by a bailee does not make the indorser liable for any default by the bailee or by previous indorsers.

History: 1962, Act 174, Eff. Jan. 1, 1964

Section: Previous 440.7402 440.7403 440.7404 440.7501 440.7502 440.7503 440.7504 440.7505 440.7506 440.7507 440.7508 440.7509 440.7601 440.7602 440.7603 Next

Last modified: January 1, 2008