Guam § 11411 - Limitations Against Directors or Stockholders.
Full text of Guam Guam Code Annotated § 11411 — Limitations Against Directors or Stockholders., with citation guidance and answers to common questions.
§ 11411. Limitations Against Directors or Stockholders.
This Chapter does not affect actions against directors or stockholders of a corporation to recover a
penalty or forfeiture imposed, or to enforce a liability created by law; but such actions must be brought
within three (3) years after the discovery, by the aggrieved party, of the facts upon which the penalty or
forfeiture attached, or the liability, was created.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 11411
What does Guam Code Annotated § 11411 cover?
Section 11411 ("Limitations Against Directors or Stockholders.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 11411?
A common citation format is "Guam Code Annotated § 11411" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 11411 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.