84-7-505. Indorser not a 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: L. 2007, ch. 90, § 34; July 1, 2008.
Revisor's Note:
Former section 84-7-505 repealed by L. 2007, ch. 90, § 78 and the number reassigned to the current text.