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.
13 Pa.C.S. § 7505
Indorser not guarantor for other parties
Known as the Uniform Commercial Code
The act spans §§ 13–13 (634 sections).
Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.