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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 8.7. Commercial Code - Warehouse Receipts, Bills of Lading and Other Documents of Title |
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PART 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer |
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SECTION 8.7-505. Endorser not a guarantor for other parties |
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The endorsement of a tangible document issued by a bailee does not make the endorser liable for any default by the bailee or by previous endorsers. Code 1950, § 61-48; 1964, c. 219; 2004, c. 200 . |