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.
Haw. Rev. Stat. § 490:7-505
Indorser not guarantor for other parties
Known as the Uniform Commercial Code
The act spans §§ 490–490 (641 sections).
L 2004, c 163, pt of §1
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.