Guam § 21305 - Power to Hypothecate.
Full text of Guam Guam Code Annotated § 21305 — Power to Hypothecate., with citation guidance and answers to common questions.
§ 21305. Power to Hypothecate.
The master of a ship may hypothecate the ship, freightage, and cargo,
and sell part of the cargo, in the cases prescribed by the Chapters on
bottomry and respondentia, and no others, except that the master may also
sell the cargo, or any part of it, short of the port of destination, if found to be
of such perishable nature, or in such damaged condition that if left on board
or reshipped it would be entirely lost, or would seriously endanger the
interests of its owners.
Frequently Asked Questions About Guam § 21305
What does Guam Code Annotated § 21305 cover?
Section 21305 ("Power to Hypothecate.") 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 § 21305?
A common citation format is "Guam Code Annotated § 21305" (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 § 21305 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.