Article 1517
ELI5— what this means for you
The indorsement of a document of title shall not make the indorser liable for any failure on the part of the person who receives the thing who issued the document or previous indorsers thereof to fulfill their...
Official text — RA 386
The indorsement of a document of title shall not make the indorser liable for any failure on the part of the bailee who issued the document or previous indorsers thereof to fulfill their respective obligations. (n)
Source: lawphil.net (RA 386 as amended)
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