{"data":{"id":"us-gu/13-gca-4501","jurisdiction":"us-gu","citation":"13 GCA § 4501","heading":"Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor.","body":"A bank which takes a documentary draft for collection must present or send the draft and accompanying documents for presentment and upon learning that the draft has not been paid or accepted in due course must seasonably notify its customer of such fact even though it may have discounted or bought the draft or extended credit available for with-drawal as of right.","path":["Title 13: Uniform Commercial Code","Division 4: Bank Deposits and Collections","CHAPTER 5: COLLECTION OF DOCUMENTARY DRAFTS"],"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":"91bedad55a30d253a3bc6c4e91568f68b9f6c6a9e2552ae2b6b924cc7462ba9c","source_id":"us-gu","stale":false,"prev":"us-gu/13-gca-4407","next":"us-gu/13-gca-4502"},"notice":"GroundRules: Original legal text. Not legal advice."}