Wis. Stat. § 407.505
Endorser not guarantor for other parties
Redline — January 1, 2003 → current.View current text →
Current — January 1, 2009
As of January 1, 2003
The endorsement of a document of title issued by a bailee does not make the endorser liable for any default by the bailee or by previous endorsers.
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.
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.