Statutes, codes, and regulations
Arkansas Code of 1987
Title 4 - BUSINESS AND COMMERCIAL LAWSubtitle 1 - UNIFORM COMMERCIAL CODEChapter 7 - WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE
Part 5 - WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER
Section 4-7-505 - Indorser not guarantor for other parties

Ark. Code § 4-7-505

Download
PDF
Current with legislation from 2024 Fiscal and Special Sessions.
Section 4-7-505 - Indorser not guarantor for other parties

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.

Ark. Code § 4-7-505

Acts 2007, No. 342, § 1.