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Endorser not a guarantor for other parties

La. R.S. 10:7-505
in effect
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10:7-505. Endorser not a guarantor for other parties The endorsement of a tangible document of title issued by a bailee does not make the endorser liable for any default by the bailee or previous endorsers. Added by Acts 1978, No. 164, §1, eff. Jan. 1, 1979; Acts 2009, No. 207, §3, eff. Jan. 1, 2010.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=74321Fetched: 10/20/2026

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