The endorsement of a tangible document of title issued by a bailee does not make the endorser liable for any default by the bailee or previous endorsers.
La. R.S. 10:7-505
Endorser not a guarantor for other parties
Known as the Uniform Commercial Code
The act spans §§ 10–10 (238 sections).
Added by Acts 1978, No. 164, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.