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 by previous indorsers.
ORS 77.5050
Known as the Uniform Commercial Code
The act spans §§ 77–77 (42 sections).
1961 c.726 §77.5050; 2009 c.181 §81
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.