2013 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 077 - Warehouse Receipts, Bills of Lading and Other Documents of Title
Section 77.5050 - Indorser not a guarantor for other parties.


OR Rev Stat § 77.5050 (2013) What's This?

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 by previous indorsers. [1961 c.726 §77.5050; 2009 c.181 §81]

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