336.7-505 MS 2002 [Repealed, 2004 c 162 art 4 s 43] 336.7-505 INDORSER NOT GUARANTOR FOR OTHER PARTIES.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. History: 2004 c 162 art 4 s 34 336.7-505 MS 2002 [Repealed, 2004 c 162 art 4 s 43] 336.7-505 INDORSER NOT GUARANTOR FOR OTHER PARTIES.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. History: 2004 c 162 art 4 s 34
Minnesota Legal Code