Guam § 2731 - Order for Payment; Payment by Classes; Proration;

§ 2731. Order for Payment; Payment by Classes; Proration;

Discharge of Personal Representative on Exhaustion of Estate. Upon

the settlement of any account of the personal representative after the time

to file or present claims has expired, the Superior Court shall order the

payment of the debts, as the circumstances of the estate permit. If there

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are not sufficient funds to pay all of the debts, the decree shall specify the

sum to be paid to each creditor. No creditor of any one class shall receive

any payment until all those of a preferred class are fully paid; and if the

estate is insufficient to pay all the debts of any one class, each creditor of

that class must be paid a dividend in proportion to his claim. If the

property of the estate is exhausted by the payment ordered, such account

shall constitute a final account, and the personal representative shall be

entitled to his discharge on proof that he has complied with the decree.