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Terms Used In 19 Guam Code Ann. § 40102

  • Contract: A legal written agreement that becomes binding when signed.
A voluntary transfer is an executed contract, subject to all rules of law concerning contracts in general, except that a consideration is not necessary to its validity.
SOURCE: CC ‘1040.
NOTE: CC ”1041 through 1043 did not exist in the Civil Code.

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ARTICLE 2
WHAT MAY BE TRANSFERRED