§ 2227 Proxies to Vote Corporate Shares; Waiver of Notice and\r\n\r\n\r\n\r\n1\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nCOL372014\r\n15 GCA ESTATES AND PROBATE\r\nCH
§ 2201 Definition
§ 2209 Actions by or Against Personal Representative; Recovery of\r\nDamages; Death of Plaintiff Before Judgment; Simultaneous Death
§ 2211 Specific Actions Authorized: For Partition; on Bond of Former Personal Representative; to Recover Fraudulently Conveyed Property; Procedure and Distribution of Latter
§ 2213 Parties to Actions; Personal Representatives Who Have Not\r\nQualified
§ 2219 Investment of Estate Funds: Pending Settlement of Estate; Pending or at Time of Settlement of Estate; Procedure
§ 2221 Personal Representative May Seek Guidance From Court on\r\nInvestment, etc
§ 2227 v2 Proxies to Vote Corporate Shares; Waiver of Notice and\r\nConsent to Shareholders\’ Meetings, etc
§ 2228 Electronically Stored Documents of Deceased
§ 2229 Digital Accounts, Inter-alia
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Terms Used In Guam Code > Title 15 > Chapter 22 - Powers and Duties of Executors, Administrators with the Will Annexed and Administrators

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Executor: A male person named in a will to carry out the decedent
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Legatee: A beneficiary of a decedent
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • 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.
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • 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.
  • Statute: A law passed by a legislature.