Guam § 127108 - Notice of Transfer or Encumbrance.
Full text of Guam Guam Code Annotated § 127108 — Notice of Transfer or Encumbrance., with citation guidance and answers to common questions.
§ 127108. Notice of Transfer or Encumbrance.
(a) No transfer or encumbrance of investment certificates or shares
issued by an association shall be effective as to such association until
written notice of such transfer or encumbrance shall have been given to
the office of the association at which such investment certificates or
shares were issued, or at which the account of such association as to such
shares or investment certificates is kept, or to the principal office of such
association.
(b) Until such notice shall have been so given, such association
may conclusively presume that investment certificates and shares have
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not been transferred or encumbered, and may, in the absence of such
notice, make any and all payments or issue new investment certificates or
shares to or in the name or names of the person or persons in whose
name or names its certificates or shares are issued, whether or not such
investment certificates or shares are presented at the time of such
payment or issuance, and shall have no responsibility to a transferee or
lienholder with respect to any investment certificates or shares, or parts
thereof, so paid or reissued.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 127108
What does Guam Code Annotated § 127108 cover?
Section 127108 ("Notice of Transfer or Encumbrance.") 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 § 127108?
A common citation format is "Guam Code Annotated § 127108" (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 § 127108 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.