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 by previous indorsers.
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 7 - Uniform Commercial Code-Documents of Title
Part 5 - . Warehouse Receipts and Bills of Lading: Negotiation and Transfer
§ 75-7-502. Rights acquired by due negotiation
§ 75-7-503. Document of title to goods defeated in certain cases
§ 75-7-505. Indorser not a guarantor for other parties
§ 75-7-506. Delivery without indorsement; right to compel indorsement
§ 75-7-507. Warranties on negotiation or delivery of document of title
§ 75-7-508. Warranties of collecting bank as to documents
§ 75-7-509. Receipt or bill: when adequate compliance with commercial contract