Ohio Revised Code § 1307.505 - Indorser Not Guarantor For Other Parties - Ucc 7-505.

Part 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer

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.

Renumbered from § 1307.33 and amended by 129th General AssemblyFile No.9, HB 9, §1, eff. 6/29/2011.

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Last modified: October 10, 2016