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Terms Used In 13 Guam Code Ann. § 9110

  • Personal property: All property that is not real property.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
r the purposes of this division any description of personal property or real estate is sufficient whether or not it is specific if it reasonably identifies what is described.

COMMENT: Section 9110 is identical to Section 9-110 of the 1972 Official Text of the Uniform Commercial Code. For purpose and effect, see Official Comment. The additional sentence in the California version can only be characterized as redundant and unnecessary.