Oregon Statutes - Chapter 77 - Warehouse Receipts, Bills of Lading and Other Documents of Title - Section 77.5050 - Indorser not a guarantor for other parties.

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. [1961 c.726 §77.5050]

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Last modified: August 7, 2008