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Terms Used In 18 Guam Code Ann. § 66303

  • Trustee: A person or institution holding and administering property in trust.
A discretionary power conferred upon a trustee is presumed not to be left to his arbitrary discretion, but may be controlled by the proper court if not reasonably exercised, unless an absolute discretion is clearly conferred by the declaration of trust.

SOURCE: CC § 2269.

NOTE: No 1970 Civil Code Ԥ 2270-2272 existed.

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ARTICLE 4
RIGHTS OF TRUSTEES