Guam § 27312 - Relation of Limited Partners Inter Se.
Full text of Guam Guam Code Annotated § 27312 — Relation of Limited Partners Inter Se., with citation guidance and answers to common questions.
§ 27312. Relation of Limited Partners Inter Se.
Where there are several limited partners, the members may agree that
one or more of the limited partners shall have a priority over other limited
partners as to the return of their contributions, as to their compensation by
way of income, or as to any other matter. If such an agreement is made it
shall be stated in the certificate, and in the absence of such a statement all
the limited partners shall stand upon equal footing.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 27312
What does Guam Code Annotated § 27312 cover?
Section 27312 ("Relation of Limited Partners Inter Se.") 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 § 27312?
A common citation format is "Guam Code Annotated § 27312" (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 § 27312 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.