Guam § 24438 - Proceeds of Unknown Parties - How Invested.
Full text of Guam Guam Code Annotated § 24438 — Proceeds of Unknown Parties - How Invested., with citation guidance and answers to common questions.
§ 24438. Proceeds of Unknown Parties - How Invested.
Where there are proceeds of a sale belonging to an unknown owner, or
to a person outside of Guam, who has no legal representative within it, the
same must be deposited in the savings account of any bank duly licensed to
do business on Guam, for the benefit of the persons entitled thereto.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 24438
What does Guam Code Annotated § 24438 cover?
Section 24438 ("Proceeds of Unknown Parties - How Invested.") 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 § 24438?
A common citation format is "Guam Code Annotated § 24438" (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 § 24438 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.