There is a newer version of the Louisiana Laws
2011 Louisiana Laws
Revised Statutes
TITLE 10 — Commercial laws
RS 10:7-505 — Endorser not a guarantor for other parties
LA Rev Stat § 10:7-505 What's This?
§7-505. Endorser not a guarantor for other parties
The endorsement of a tangible document of title issued by a bailee does not make the endorser liable for any default by the bailee or previous endorsers.
Added by Acts 1978, No. 164, §1, eff. Jan. 1, 1979; Acts 2009, No. 207, §3, eff. Jan. 1, 2010.
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