Delaware Code § 6-7-505

Indorser not guarantor for other parties
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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
previous indorsers.
(5A Del. C. 1953, § 7-505; 55 Del. Laws, c. 349; 74 Del. Laws, c. 332, § 39.)

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