18 Guam Code Ann. § 31102
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Terms Used In 18 Guam Code Ann. § 31102
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
A person may become guarantor even without the knowledge or consent of the principal.
SOURCE: CC § 2789.
NOTE: No 1970 Civil Code Ԥ 2789-2791 existed.
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ARTICLE 2
CREATION OF GUARANTY