Indiana § 26-1-7-505 - Endorser not a guarantor for other parties
Full text of Indiana Indiana Code § 26-1-7-505 — Endorser not a guarantor for other parties, with citation guidance and answers to common questions.
§ 26-1-7-505. Endorser not a guarantor for other parties
Sec. 505. 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.
Formerly: Acts 1963, c.317, s.7-505. As amended by P.L.143-2007, SEC.56.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 26-1-7-505
What does Indiana Code § 26-1-7-505 cover?
Section 26-1-7-505 ("Endorser not a guarantor for other parties") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 26-1-7-505?
A common citation format is "Indiana Code § 26-1-7-505" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 26-1-7-505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.