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Terms Used In 3 Guam Code Ann. § 17112

  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
No person shall make any contributions of his own money or property or money of another person to any candidate, political party, or committee in connection with a nomination for election, or election, in any other name than the name of the person owning the money or who supplied the money or property. All contributions made in the name of a person other than the true or established name of the actual owner of the money or property shall escheat to the government of Guam.

SOURCE: Added by P.L. 18-030:54 (Feb. 19, 1986) as 3 Guam Code Ann. § 19110. Repealed and reenacted to this section by P.L. 31-255:2 (Dec. 11, 2012).