{"data":{"id":"us-gu/11-gca-106181","jurisdiction":"us-gu","citation":"11 GCA § 106181","heading":"Indorsement and Signature Guaranty.","body":"(a) A bank may assume secondary liability as an indorser of a negotiable or non-negotiable instrument which it owns or has received for collection or that of the guarantor of the genuineness of a signature.\n(b) A guaranty of the signature means only that\n(1) the signature is not forged;\n(2) the signer is the holder or has the authority to sign in the name of the holder; and\n(3) the signer has legal capacity to sign.\n(c) A guaranty of the signature does not otherwise guaranty his rightfulness of the particular transfer.\n(d) A bank may disclaim all or any part of the foregoing obligation in its guaranty.","path":["Title 11: Finance and Taxation","Division 4 - Banks and Banking","Chapter 106: Banks","ARTICLE 1: BANKING PRACTICES","SUBARTICLE D: RESERVES, LOANS, INVESTMENTS AND MISCELLANEOUS"],"source_url":"https://col.guamcourts.gov/sites/default/files/11gc106.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:18:18Z","sha256":"13689ed50a0233ad5cace20e69c2c898bc9062acbefb8cb444fa629f99c18889","source_id":"us-gu","stale":false,"prev":"us-gu/11-gca-106180","next":"us-gu/11-gca-106182"},"notice":"GroundRules: Original legal text. Not legal advice."}