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Terms Used In 5 Guam Code Ann. § 6403

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
ch autonomous agency shall pay the amount claimed under this Chapter in order of the date of approved settlement or final judgment from its own operating funds not specifically restricted by any other Guam or United States law or from applicable insurance proceeds.

SOURCE: Added by P.L. 17-029:1 (Nov. 9, 1983) as GC § 6500.42. Codified as 5 Guam Code Ann. § 6403. Amended by P.L. 27-142:7.