| Besides indemnifying banks quickly when loans are in arrears, some of the guarantor organisations are subrogated to the bank's claims, allowing the bank to move doubtful loans off its balance sheet. |
| The Member State or the competent authority may be subrogated to the rights of the person compensated for the amount of the compensation paid. |
| The last branch of the definition is of importance where a third party is subrogated to the original surety's rights. |
| A surety who pays off the debt owed by the principal debtor is subrogated to any securities given by the debtor as security for the debt. |
| Striking off by agreement may not be carried out unless a notarial or private deed is filed showing the consent of the creditor or of his duly subrogated assignee to the striking off. |
| To the extent of the payment made to the employee, the Crown is subrogated to any rights the employee has against the bankrupt employer and any directors of the corporation. |
