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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1307.505 | Indorser not guarantor for other parties - UCC 7-505.

Ohio Revised Code
/
Title 13 Commercial Transactions
/
Chapter 1307 Documents Of Title
 
Effective:
June 29, 2011
Latest Legislation:
House Bill 9 - 129th General Assembly
PDF:
Download Authenticated PDF
 

Indorser not guarantor for other parties [UCC 7-505]

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.

Available Versions of this Section