Guam § 24427 - Referees may Take Securities for Purchase Money.
Full text of Guam Guam Code Annotated § 24427 — Referees may Take Securities for Purchase Money., with citation guidance and answers to common questions.
§ 24427. Referees may Take Securities for Purchase Money.
The referees may take separate mortgages and other securities for the
whole, or convenient portions of the purchase money, of such parts of the
property as are directed by the court to be sold on credit, for the shares of
any known owner or full age, in the name of such owner; and for the shares
of an infant, in the name of the guardian of such infant; and for other shares,
in the name of the Director of Administration.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 24427
What does Guam Code Annotated § 24427 cover?
Section 24427 ("Referees may Take Securities for Purchase Money.") 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 § 24427?
A common citation format is "Guam Code Annotated § 24427" (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 § 24427 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.