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2020 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1307 | Documents of Title
Section 1307.505 | Indorser Not Guarantor for Other Parties - Ucc 7-505.
Universal Citation: Ohio Rev Code § 1307.505 (2020)
Effective: June 29, 2011
Latest Legislation: House Bill 9 - 129th General Assembly
Indorser not guarantor for other parties [UCC 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.
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