Guam § 27402 - Effect of Retirement, Death, or Insanity of a General Partner.
Full text of Guam Guam Code Annotated § 27402 — Effect of Retirement, Death, or Insanity of a General Partner., with citation guidance and answers to common questions.
§ 27402. Effect of Retirement, Death, or Insanity of a General Partner.
The retirement, death, or insanity of a general partner dissolves the
partnership, unless the business is continued by the remaining general
partners:
(a) Under a right so to do stated in the certificate, or
(b) With the consent of all members.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 27402
What does Guam Code Annotated § 27402 cover?
Section 27402 ("Effect of Retirement, Death, or Insanity of a General 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 § 27402?
A common citation format is "Guam Code Annotated § 27402" (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 § 27402 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.