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Terms Used In 5 Guam Code Ann. § 65308

  • Contract: A legal written agreement that becomes binding when signed.
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5 Guam Code Ann. GOVERNMENT OPERATIONS
CH. 65 LAND CONSERVATION ACT

If the Department or the landowner serves notice of intent in any year not to renew the contract, the existing contract shall remain in effect for the balance of the period remaining since the original execution or the last renewal of the contract, as the case may be.

SOURCE: GC § 12518.