§ 8.7-505 Endorser not a guarantor for other parties
The endorsement of a tangible document issued by a bailee does not make the endorser liable for any default by the bailee or by previous endorsers.
History
The record of this law’s original creation isn’t available online. The oldest record of it is its appearance in the Code of Virginia of 1950, as § 61-48. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1964, chapter 219; in 2004, chapter 200.
Code 1950, § 61-48; 1964, c. 219; 2004, c. 200.