Guam § 3207 - Claims for Wages Preferred.
Full text of Guam Guam Code Annotated § 3207 — Claims for Wages Preferred., with citation guidance and answers to common questions.
§ 3207. Claims for Wages Preferred.
When the business of any person, corporation, company or firm is suspended as a result of a writ of
execution or attachment or is placed in the hands of a receiver, trustee or assignee for creditors, then in all
such cases claims for wages for each claimant an amount per claimant not to exceed one thousand forty
(1040) hours multiplied by the minimum wage in effect on the last day labor was performed by the
employee and earned within six 6 months of the date such business is suspended or placed in the hands of
a receiver, trustee or assignee for creditors shall be paid in full prior to the payment of taxes or any other
debts except a debt secured by a mortgage or security interest duly recorded before the wages were earned.
Frequently Asked Questions About Guam § 3207
What does Guam Code Annotated § 3207 cover?
Section 3207 ("Claims for Wages Preferred.") 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 § 3207?
A common citation format is "Guam Code Annotated § 3207" (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 § 3207 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.