15 Guam Code Ann. § 2015
Terms Used In 15 Guam Code Ann. § 2015
- Oath: A promise to tell the truth.
- Probate: Proving a will
(b) If the Superior Court of Guam orders that security for the faithful performance of the personal representative shall be, in whole or in part, as provided in subsection (a) of this Section, letters shall not issue to the personal representative until the Superior Court of Guam is satisfied that the bank or trust company into which such money or negotiable securities have been or will be deposited, or the savings and loan association in which such money has been or will be invested, has been served with a copy of such order, and agreed in writing that such money or securities will not be withdrawn except on authorization of the Superior Court of Guam, such writing to be filed with the Clerk of the Superior Court of Guam.
(c) The term Aaccount in an insured savings and loan association,@ as used in this Section, means shares issued by a federal savings and loan association doing business in the territory of Guam, or investment certificates issued by a building and loan association or savings and loan association chartered in the territory of Guam and doing business in the territory of Guam, which is an Ainsured institution@ as defined in Title IV of the National Housing Act (Title 12, United States Code, §§ 1725 to
1730d), or shares issued by a building and loan association or savings
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15 Guam Code Ann. ESTATES AND PROBATE
CH. 20 OATH, FORM OF LETTERS, AND SECURITY FOR
FAITHFUL PERFORMANCE OF PERSONAL REPRESENTATIVE
and loan association chartered in the territory of Guam and doing business in the territory of Guam which does not issue investment certificates and which is an Ainsured institution@ as defined in Title IV of the National Housing Act.
SOURCE: Subsections (a) and (b): Guam Law Revision Commission. Subsection
(c): California Probate Code, § 1510 (as amended).