18 Guam Code Ann. § 65210
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Terms Used In 18 Guam Code Ann. § 65210
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Trustee: A person or institution holding and administering property in trust.
A trustee who uses or disposes of the trust property, contrary to § 65202 of this Chapter, may, at the option of the beneficiary, be required to account for all profits so made, or to pay the value of its use, and, if he has disposed thereof, to replace it, with its fruits, or to account for its proceeds, with interest.
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 65 TRUSTS IN GENERAL
SOURCE: CC § 2237.