407.505 Endorser not 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 previous endorsers. History: 2009 a. 322.
Endorser not guarantor for other parties
Wis. Stat. § 407.505, under WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER.
Wis. Stat. § 407.505