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.
Fla. Stat. § 677.505
Indorser not guarantor for other parties
History.--s. 1, ch. 65-254; s. 49, ch. 2010-131
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.