Guam § 15117 - (A). Membership Interest as Personal Property.
Full text of Guam Guam Code Annotated § 15117 — (A). Membership Interest as Personal Property., with citation guidance and answers to common questions.
§ 15117. (A). Membership Interest as Personal Property.
A membership interest and an economic interest in a limited
liability company constitute personal property of the member or
assignee. A member or assignee has no interest in specific
limited liability company property.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 15117
What does Guam Code Annotated § 15117 cover?
Section 15117 ("(A). Membership Interest as Personal Property.") 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 § 15117?
A common citation format is "Guam Code Annotated § 15117" (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 § 15117 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.