7 Guam Code Ann. § 23133
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In 7 Guam Code Ann. § 23133
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Where property levied upon, under execution to satisfy a judgment for the payment of money, is claimed, in whole or in part, by a person, corporation, partnership or association, other than the judgment debtor, such claimant may give an undertaking as herein provided, which undertaking shall release
the property in the undertaking described from the lien and levy of such execution.
SOURCE: CCP § 710.