Guam § 24106 - Disposition of Proceeds in Case the Debt is Not All Due.
Full text of Guam Guam Code Annotated § 24106 — Disposition of Proceeds in Case the Debt is Not All Due., with citation guidance and answers to common questions.
§ 24106. Disposition of Proceeds in Case the Debt is Not All Due.
If the debt for which the mortgage or encumbrance was held is not all
due, so soon as sufficient of the property has been sold to pay the amount
due, with costs, the sale must cease; and afterwards, as often as more
becomes due for principal or interest, the court may, on motion, order more
to be sold. But if the property cannot be sold in portions without injury to the
parties, the whole shall be ordered to be sold in the first instance, and the
entire debt and costs paid, there being a rebate of interest where such rebate
is proper.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 24106
What does Guam Code Annotated § 24106 cover?
Section 24106 ("Disposition of Proceeds in Case the Debt is Not All Due.") 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 § 24106?
A common citation format is "Guam Code Annotated § 24106" (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 § 24106 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.