Florida Statutes Section 677.505 - Indorser Not Guarantor For Other Parties. (Fla. Stat. § 677.505)

677.505 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.

History.—s. 1, ch. 65-254; s. 49, ch. 2010-131.

Note.—s. 7-505, U.C.C.; supersedes s. 678.47.

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Last modified: September 23, 2016