Guam § 24440 - When Parties' Interests Ascertained, Securities to Be in Their
Full text of Guam Guam Code Annotated § 24440 — When Parties' Interests Ascertained, Securities to Be in Their, with citation guidance and answers to common questions.
§ 24440. When Parties' Interests Ascertained, Securities to Be in Their
Names.
When security is taken by referees on a sale, and the parties interested
in such security, by an instrument in writing, under their hands, delivered to
the referees, agree upon the shares and proportions to which they are
respectively entitled, or when shares and proportions have been previously
adjudged by the court, such securities must be taken in the names of, and
payable to, the parties upon their receipt therefor. Such agreement and
receipt must be returned and filed with the clerk of the court.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 24440
What does Guam Code Annotated § 24440 cover?
Section 24440 ("When Parties' Interests Ascertained, Securities to Be in Their") 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 § 24440?
A common citation format is "Guam Code Annotated § 24440" (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 § 24440 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.