Title 11, §7-1505: Indorser not guarantor for other parties

§7-1505 PDF
§7-1505 MS-Word
Statute Search
Art. 7-A Contents
Title 11 Contents
List of Titles
Maine Law & Disclaimer
Revisor's Office
Maine Legislature

§7-1505. 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. [PL 2009, c. 324, Pt. A, §2 (NEW); PL 2009, c. 324, Pt. A, §4 (AFF).]

SECTION HISTORY

PL 2009, c. 324, Pt. A, §2 (NEW). PL 2009, c. 324, Pt. A, §4 (AFF).

The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.

Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007

Data for this page extracted on 10/01/2024 16:24:11.