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336.7-505 MS 2002 [Repealed, 2004 c 162 art 4 s 43]

336.7-505 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.

Official Publication of the State of Minnesota
Revisor of Statutes