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Terms Used In 5 Guam Code Ann. § 60353

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
All assets and liabilities of the Guam Farmers Cooperative Association Revolving Fund as established by P.L. 9-121 are hereby transferred to the Cooperative Association Revolving Fund established by this Article.

SOURCE: GC § 12011.3 added by P.L. 11-119.