Title 04 · CRS Title 04
Indorser not guarantor for other parties
Citation: C.R.S. § 4-7-505
Section: 4-7-505
4-7-505. 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. Source: L. 2006: Entire article R&RE, p. 487, � 2, effective September 1. Editor's note: This section is similar to former � 4-7-505 as it existed prior to 2006.