70A-7a-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.
Indorser not guarantor for other parties.
Utah Code § 70A-7a-505, under Part 70A-7a-5: Warehouse Receipts and Bills of Lading - Negotiation and Transfer.
Utah Code § 70A-7a-505