Title 9A: Uniform Commercial Code
Article 7: WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE
9A V.S.A. § 7-505. Indorser not a guarantor for other parties
§ 7-505 § 7-505. Indorser not a guarantor for other parties
The indorsement of a document of title issued by a bailee does not make the indorser liable for any default by the bailee or by previous indorsers.