19 Guam Code Ann. § 41308
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Terms Used In 19 Guam Code Ann. § 41308
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Legacy: A gift of property made by will.
A gift in view of death must be treated as a legacy, so far as relates only to the creditors of the giver.
SOURCE: CC ‘1153.
CROSS-REFERENCES: See 15 Guam Code Ann. ‘2211 for law governing enforcement of this section and how such gifts are recovered for creditors.
NOTE: No CC Ԥ 1154 through 1156 existed.
SOURCE: CC ‘1153.
CROSS-REFERENCES: See 15 Guam Code Ann. ‘2211 for law governing enforcement of this section and how such gifts are recovered for creditors.
NOTE: No CC Ԥ 1154 through 1156 existed.
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