Wisconsin Statutes & Annotations
Chapter 407 - Uniform commercial code — documents of title.
407.505 - Endorser not guarantor for other parties.

407.505 Endorser not guarantor for other parties. 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.
History: 2009 a. 322.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 407 - Uniform commercial code — documents of title.

407.101 - Short title.

407.102 - Definitions and index of definitions.

407.103 - Relation of chapter to treaty or statute.

407.104 - Negotiable and nonnegotiable document of title.

407.105 - Reissuance in alternative medium.

407.106 - Control of electronic document of title.

407.201 - Person that may issue a warehouse receipt; storage under bond.

407.202 - Form of warehouse receipt.

407.203 - Liability for nonreceipt or misdescription.

407.204 - Duty of care; contractual limitation of warehouse's liability.

407.205 - Title under warehouse receipt defeated in certain cases.

407.206 - Termination of storage at warehouse's option.

407.207 - Goods must be kept separate; fungible goods.

407.208 - Altered warehouse receipts.

407.209 - Lien of warehouse.

407.210 - Enforcement of warehouse's lien.

407.301 - Liability for nonreceipt or misdescription; “said to contain"; “shipper's load and count"; improper handling.

407.302 - Through bills of lading and similar documents of title.

407.303 - Diversion; reconsignment; change of instructions.

407.304 - Tangible bills of lading in a set.

407.305 - Destination bills.

407.306 - Altered bills of lading.

407.307 - Lien of carrier.

407.308 - Enforcement of carrier's lien.

407.309 - Duty of care; contractual limitation of carrier's liability.

407.401 - Irregularities in issue of receipt or bill or conduct of issuer.

407.402 - Duplicate document of title; overissue.

407.403 - Obligation of warehouse or carrier to deliver; excuse.

407.404 - No liability for good faith delivery pursuant to document of title.

407.501 - Form of negotiation and requirements of due negotiation.

407.502 - Rights acquired by due negotiation.

407.503 - Document of title to goods defeated in certain cases.

407.504 - Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery.

407.505 - Endorser not guarantor for other parties.

407.506 - Delivery without endorsement; right to compel endorsement.

407.507 - Warranties on negotiation or delivery of document of title.

407.508 - Warranties of collecting bank as to documents of title.

407.509 - Adequate compliance with commercial contract.

407.601 - Lost, stolen, or destroyed documents of title.

407.602 - Attachment of goods covered by negotiable document of title.

407.603 - Conflicting claims; interpleader.