§ 7-505

Del. Code Ann. tit. 6, § 7-505

Indorser not guarantor for other parties

5A Del. C. 1953, §§ 7-505; 55 Del. Laws, c. 349; 74 Del. Laws, c. 332, § 39;

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.

5A Del. C. 1953, §§ 7-505; 55 Del. Laws, c. 349; 74 Del. Laws, c. 332, § 39