§ 30-7-505

Mont. Code Ann. § 30-7-505

Endorser not a guarantor for other parties

En. Sec. 7-505, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-505.

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

History: En. Sec. 7-505, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-505.