N.Y. Uniform Commercial Code Law Section 7-505
Indorser Not Guarantor for Other Parties


Section 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.

Source: Section 7-505 — Indorser Not Guarantor for Other Parties, https://www.­nysenate.­gov/legislation/laws/UCC/7-505 (updated Dec. 26, 2014; accessed Jun. 21, 2025).

Verified:
Jun. 21, 2025

Last modified:
Dec. 26, 2014

§ 7-505. Indorser Not Guarantor for Other Parties's source at nysenate​.gov

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