{"data":{"id":"us-gu/13-gca-4407","jurisdiction":"us-gu","citation":"13 GCA § 4407","heading":"Payor Bank's Right to Subrogation on Improper Payment.","body":"If payor bank has paid an item over the stop payment order of the drawer or maker or otherwise under circumstances giving a basis for objection by the drawer or maker, to prevent unjust enrichment and only to the extent necessary to prevent loss to the bank by reason of its pay-ment of the item, the payor bank shall be subrogated to the rights\n(a) Of any holder in due course on the item against the drawer or maker; and\n(b) Of the payee or any other holder of the item against the drawer or maker either on the item or under the transaction out of which the item arose; and\n(c) Of the drawer or maker against the payee or any other holder of the item with respect to the transaction out of which the item arose.","path":["Title 13: Uniform Commercial Code","Division 4: Bank Deposits and Collections","CHAPTER 4: RELATIONSHIPS BETWEEN PAYOR BANK AND ITS CUSTOMER"],"source_url":"https://col.guamcourts.gov/sites/default/files/13gdv004.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:28:08Z","sha256":"8aeb1d3f1a1d9b57483882d67d35d9fc2043669e5dbfa0beeaca9861b4e4a24c","source_id":"us-gu","stale":false,"prev":"us-gu/13-gca-4406","next":"us-gu/13-gca-4501"},"notice":"GroundRules: Original legal text. Not legal advice."}