18 Guam Code Ann. § 35403
Terms Used In 18 Guam Code Ann. § 35403
- Lien: A claim against real or personal property in satisfaction of a debt.
1. To the things upon which he has an exclusive lien;
2. To the things which are subject to the fewest subordinate liens;
3. In like manner inversely to the number of subordinate liens upon the same thing; and
4. When several things are within one of the foregoing classes, and subject to the same number of liens, resort must be had —
(1) To the things which have not been transferred since the prior lien was created;
(2) To the things which have been so transferred without a valuable consideration; and
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 35 LIENS IN GENERAL
(3) To the things which have been so transferred for a valuable consideration in the inverse order of the transfer.
SOURCE: CC § 2899.
NOTE: No 1970 Civil Code Ԥ 2900-2902 existed.
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ARTICLE 5
REDEMPTION FROM LIENS