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.
Md. Code Ann., Com. Law § 7-505
Known as the Maryland Uniform Commercial Code
The act spans §§ 1–9 (556 sections).
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.