Guam § 13117 - Marketing Contracts: Expenses of Suit, etc.
Full text of Guam Guam Code Annotated § 13117 — Marketing Contracts: Expenses of Suit, etc., with citation guidance and answers to common questions.
§ 13117. Marketing Contracts: Expenses of Suit, etc.
COL070307
18 GCA BUSINESS S TRUCTURE & FUNCTION
The bylaws or the marketing contract may fix, as liquidated damages,
specific sums to be paid by the member or stockholder to the association
upon the breach by him of any provisions of the marketing contract
regarding the sale or delivery or withholding of products; and may further
provide that the member will pay all costs, premiums for bonds, expenses
and fees, in case any action is brought upon the contract by the association;
and any such provisions shall be valid and enforceable in the courts of this
territory; and such clauses providing for liquidated damages shall be
enforceable as such and shall not be regarded as penalties.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 13117
What does Guam Code Annotated § 13117 cover?
Section 13117 ("Marketing Contracts: Expenses of Suit, etc.") 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 § 13117?
A common citation format is "Guam Code Annotated § 13117" (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 § 13117 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.