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2025 Texas Statutes
Business & Commerce Code
Title 1 - Uniform Commercial Code
Chapter 7 - Documents of Title
Subchapter E. Warehouse Receipts and Bills of Lading: Negotiation and Transfer
Section 7.505. Indorser Not Guarantor for Other Parties
Universal Citation:
§ 7.505 (2025)
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Sec. 7.505. INDORSER NOT 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.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.
Amended by:
Acts 2005, 79th Leg., Ch. 122 (S.B. 1593), Sec. 1, eff. September 1, 2005.
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