Code of Virginia - Title 8.7 Commercial Code - Warehouse Receipts, Bills Of Lading And Other Documents Of Title - Section 8.7-505 Endorser not a guarantor for other parties

§ 8.7-505. Endorser not a guarantor for other parties

The endorsement of a tangible document issued by a bailee does not make the endorser liable for any default by the bailee or by previous endorsers.

(Code 1950, § 61-48; 1964, c. 219; 2004, c. 200.)

Sections:  Previous  8.7-501  8.7-502  8.7-503  8.7-504  8.7-505  8.7-506  8.7-507  8.7-508  8.7-509  Next

Last modified: April 3, 2009