Guam § 106181 - Indorsement and Signature Guaranty.
Full text of Guam Guam Code Annotated § 106181 — Indorsement and Signature Guaranty., with citation guidance and answers to common questions.
§ 106181. Indorsement and Signature Guaranty.
(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.
COL 2025-04-22
(b) A guaranty of the signature means only that
(1) the signature is not forged;
(2) the signer is the holder or has the authority to sign in the name of the holder; and
(3) the signer has legal capacity to sign.
(c) A guaranty of the signature does not otherwise guaranty his rightfulness of the particular transfer.
(d) A bank may disclaim all or any part of the foregoing obligation in its guaranty.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 106181
What does Guam Code Annotated § 106181 cover?
Section 106181 ("Indorsement and Signature Guaranty.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 106181?
A common citation format is "Guam Code Annotated § 106181" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 106181 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.