Indorser not guarantor for other parties
9A V.S.A. § 7—505
in effect7—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.
Added 2015, No. 51, § B.3, eff. June 3, 2015.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/09A/007/00505Fetched: 10/21/2026
