State Codes and Statutes

Statutes > Virginia > Title-8-7 > Part-5 > 8-7-505

§ 8.7-505. Endorser not a guarantor for other parties.

The endorsement of a tangible document issued by a bailee does not make theendorser liable for any default by the bailee or by previous endorsers.

(Code 1950, § 61-48; 1964, c. 219; 2004, c. 200.)

State Codes and Statutes

Statutes > Virginia > Title-8-7 > Part-5 > 8-7-505

§ 8.7-505. Endorser not a guarantor for other parties.

The endorsement of a tangible document issued by a bailee does not make theendorser liable for any default by the bailee or by previous endorsers.

(Code 1950, § 61-48; 1964, c. 219; 2004, c. 200.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-8-7 > Part-5 > 8-7-505

§ 8.7-505. Endorser not a guarantor for other parties.

The endorsement of a tangible document issued by a bailee does not make theendorser liable for any default by the bailee or by previous endorsers.

(Code 1950, § 61-48; 1964, c. 219; 2004, c. 200.)