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Section 7-7-505 - Indorser Not Guarantor for Other Parties — Alabama Law | CourtGPT
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  7. Section 7-7-505 - Indorser Not Guarantor for Other Parties
Alabama Legal Code

Section 7-7-505 - Indorser Not Guarantor for Other Parties

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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for any default by the bailee or previous indorsers.(Prior version of this section added by Acts 1965, No. 549, p. 811; repealed by Act 2004-315, p. 464, §1; current section added by Act 2004-315, p. 464, §1.)

Source: https://alison.legislature.state.al.us/code-of-alabama?section=7-7-505· Version 2026