Guam § 27313 - Compensation of Limited Partner.
Full text of Guam Guam Code Annotated § 27313 — Compensation of Limited Partner., with citation guidance and answers to common questions.
§ 27313. Compensation of Limited Partner.
A limited partner may receive from the partnership the share of the
profits or the compensation by way of income stipulated for in the
certificate; provided, that after such payment is made, whether from the
property of the partnership or that of a general partner, the partnership assets
are in excess of all liabilities of the partnership except liabilities to limited
partners on account of their contributions and to general partners.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 27313
What does Guam Code Annotated § 27313 cover?
Section 27313 ("Compensation of Limited Partner.") 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 § 27313?
A common citation format is "Guam Code Annotated § 27313" (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 § 27313 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.