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Form a Business

Indorser not guarantor for other parties.

Neb. U.C.C. § 7-505
in effect
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UCC 7-505. 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. Laws 2005, LB 570, § 90.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/ucc.php?code=7-505Fetched: 10/20/2026

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