{"data":{"id":"us-gu/13-gca-5110","jurisdiction":"us-gu","citation":"13 GCA § 5110","heading":"Availability of Credit in Portions; Presenter's Reservation of Lien or Claim.","body":"(1) Unless otherwise specified a credit may be used in portions in the discretion of the beneficiary.\n(2) Unless otherwise specified a person by presenting a documentary draft or demand for payment under a credit relinquishes upon its honor all claims to the documents and a person by transferring such draft or demand or causing such presentment authorizes such relinquishment. An explicit reservation of claim makes the draft or demand noncomplying.","path":["Title 13: Uniform Commercial Code","Division 5: Letters of Credit"],"source_url":"https://col.guamcourts.gov/sites/default/files/13gdv005.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:28:18Z","sha256":"5b1d47ed213e3f729ef1feee931926aa2da902f3c759b0c75f66a8b87761acb0","source_id":"us-gu","stale":false,"prev":"us-gu/13-gca-5109","next":"us-gu/13-gca-5111"},"notice":"GroundRules: Original legal text. Not legal advice."}