Endorser not guarantor for other parties

Wis. Stat. § 407.505
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/407.505Fetched: 10/7/2026