Guam § 31606 - Guarantor Indemnified by Debtor, not Exonerated.
Full text of Guam Guam Code Annotated § 31606 — Guarantor Indemnified by Debtor, not Exonerated., with citation guidance and answers to common questions.
§ 31606. Guarantor Indemnified by Debtor, not Exonerated.
A guarantor, who has been indemnified by the principal, is liable to the
creditor to the extent of the indemnity, notwithstanding that the creditor,
without the assent of the guarantor, may have modified the contract or
released the principal.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 31606
What does Guam Code Annotated § 31606 cover?
Section 31606 ("Guarantor Indemnified by Debtor, not Exonerated.") 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 § 31606?
A common citation format is "Guam Code Annotated § 31606" (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 § 31606 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.