554.7505  Endorser not a guarantor for other parties.

The endorsement of a document of title issued by a bailee does not make the endorser liable for any default by the bailee or by previous endorsers.

Section History: Early form

  [S13, § 3138-a45, -b35; C24, 27, 31, 35, 39, § 8280, 9705, 9966; C46, 50, 54, 58, 62, § 487.36, 542.45, 554.38; C66, 71, 73, 75, 77, 79, 81, § 554.7505]


Previous Section 554.7504

Next Section 554.7506


Return To Home index


© 1999 Cornell College and League of Women Voters of Iowa


Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Thu Mar 18 15:00:31 CST 1999
URL: /DOCS/IACODE/1999/554/7505.html
jhf