Guam § 23403 - Assets on Guam.
Full text of Guam Guam Code Annotated § 23403 — Assets on Guam., with citation guidance and answers to common questions.
§ 23403. Assets on Guam.
(a) A Guam judgment creditor is specifically authorized to
file a motion for an order to show cause against a judgment
debtor in an effort to compel the turnover of assets or, when the
assets that are sought are not in the possession of the judgment
debtor himself, to compel any person who holds the assets of the
judgment debtor to turn over those assets. Guam courts are
hereby authorized to issue a “delivery order” or “turnover order.”
(b) With respect to a person who holds the assets of the
judgment debtor, a Guam court may issue an order requiring any
person to deliver any such assets, or to convert said assets to
money for payment of the judgment. The court shall require any
person to turn over the assets, or so much of it as is sufficient to
satisfy the judgment, to the judgment creditor. Disobedience of a
turnover order is contempt of court and punishable as such.
2018 NOTE: Subsection designations added pursuant to the authority of
1 GCA § 1606.
Frequently Asked Questions About Guam § 23403
What does Guam Code Annotated § 23403 cover?
Section 23403 ("Assets on Guam.") 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 § 23403?
A common citation format is "Guam Code Annotated § 23403" (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 § 23403 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.