Guam § 17702 - Marketing Contracts.
Full text of Guam Guam Code Annotated § 17702 — Marketing Contracts., with citation guidance and answers to common questions.
§ 17702. Marketing Contracts.
(a) If a marketing contract provides for the sale of products, commodities, or goods to a limited
cooperative association, the sale transfers title to the association upon delivery or at any other specific time
expressly provided by the contract.
(b) A marketing contract may:
(1) authorize a limited cooperative association to create an enforceable security interest in the
products, commodities, or goods delivered; and
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(2) allow the association to sell the products, commodities, or goods delivered and pay the sales
price on a pooled or other basis after deducting selling costs, processing costs, overhead, expenses,
and other charges.
(c) Some or all of the provisions of a marketing contract between a patron member and a limited
cooperative association may be contained in the organic rules.
Frequently Asked Questions About Guam § 17702
What does Guam Code Annotated § 17702 cover?
Section 17702 ("Marketing Contracts.") 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 § 17702?
A common citation format is "Guam Code Annotated § 17702" (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 § 17702 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.