Endorser Not a Guarantor For Other Parties. The endorsement of a tangible document of title issued by a bailee does not make the endorser liable for any default by the bailee or by previous endorsers. Added by Laws 1961, p. 150, § 7-505. Amended by Laws 2005, c. 140, § 32, eff. Jan. 1, 2006.
Endorser not a guarantor for other parties
12A O.S. § 7-505, under Article 7.
12A O.S. § 7-505