13 GCA § 7505

Indorser Not a Guarantor for Other Parties

Guam Code AnnotatedTitle 13 — Uniform Commercial Code

The indorsement of a document of title issued by a bailee does not make the indorser liable for any default by the bailee or by previous indorsers.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.