State Codes and Statutes

Statutes > South-dakota > Title-57a > Chapter-07 > Statute-57a-7-505

57A-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: SL 2009, ch 254, § 7-505.

State Codes and Statutes

Statutes > South-dakota > Title-57a > Chapter-07 > Statute-57a-7-505

57A-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: SL 2009, ch 254, § 7-505.


State Codes and Statutes

State Codes and Statutes

Statutes > South-dakota > Title-57a > Chapter-07 > Statute-57a-7-505

57A-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: SL 2009, ch 254, § 7-505.