18 Guam Code Ann. § 27403
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Terms Used In 18 Guam Code Ann. § 27403
- Executor: A male person named in a will to carry out the decedent
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
(l) On the death of a limited partner, his executor or administrator shall have all the rights of a limited partner for the purpose of settling his estate,
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 27 LIMITED PARTNERSHIPS
and such power as the deceased had to constitute his assignee a substituted limited partner.
(2) The estate of a deceased limited partner shall be liable for all his liabilities as a limited partner.
SOURCE: CC § 2497.