(7-505) Indorser not guarantor for other parties

N.D. Cent. Code § 41-07-34
in effect
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41-07-34. (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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c07.pdf#nameddest=41-07-34Fetched: 10/16/2026

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