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Terms Used In 18 Guam Code Ann. § 66203

  • Trustee: A person or institution holding and administering property in trust.
If a trustee procures or assents to his discharge from his office, before his trust is fully executed, he must use at least ordinary care and diligence to secure the appointment of a trustworthy successor before accepting his own final discharge.

COL7222015
18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 66 TRUSTS FOR THE BENEFIT OF THIRD PERSONS

SOURCE: CC § 2260.