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.History.—s. 1, ch. 65-254; s. 49, ch. 2010-131.Note.—s. 7-505, U.C.C.; supersedes s. 678.47.
Indorser not guarantor for other parties
Fla. Stat. § 677.505, under Uniform Commercial Code: Documents of Title.
Fla. Stat. § 677.505