Indorser not guarantor for other parties

HRS §490:7-505 — under Chapter 490.

HRS §490:7-505

§490:7-505 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. [L 2004, c 163, pt of §1]