HRS §490:7-505
Endorsing a document does not guarantee the bailee's actions
When you sign a paper document of title, you are not promising that the bailee or earlier signers will do what they should. Your signature only shows you are passing the document along, not taking responsibility for others' mistakes.
everyone
The statute, as written — Indorser not guarantor for other parties
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.
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