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2018 Missouri Revised Statutes
Title XXVI - Trade and Commerce
Chapter 400 - Uniform Commercial Code
Section 400.7-505 Indorser not a guarantor for other parties.
Universal Citation: MO Rev Stat § 400.7-505 (2018)
Effective 28 Aug 2017
Title XXVI TRADE AND COMMERCE
Chapter 400400.7-505. Indorser not a guarantor for other parties. — 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.
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(L. 1963 p. 503 § 7-505, A.L. 2017 H.B. 34)
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