S.D. Codified Laws § 57A-7-505 (2026) – Indorser not guarantor for other parties. | Midpage
§ 57A-7-505
S.D. Codified Laws § 57A-7-505 (2026)
Indorser not guarantor for other parties.
SL 2009, ch 254 , § 7-505.
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.