Indorser not guarantor for other parties.

Del. Code tit. 6, § 7-505
in effect
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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.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title6/c007/sc05/index.htmlFetched: 10/4/2026

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