Endorser not guarantor for other parties

Wis. Stat. § 407.505
in effect
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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.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/407.505Fetched: 10/7/2026
Wis. Stat. § 407.505 — Endorser not guarantor for other parties | Wisconsin Statutes (updated through 2025 Wis. Act 247) | Corpus