Ariz. Rev. Stat. § 47-7505 – Indorser not guarantor for other parties | Midpage
§ 47-7505
Ariz. Rev. Stat. § 47-7505
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.