Guam § 4106 - Validity of Pledge.
Full text of Guam Guam Code Annotated § 4106 — Validity of Pledge., with citation guidance and answers to common questions.
§ 4106. Validity of Pledge.
Any pledge made by the Housing Corporation shall be valid
and binding from the time the pledge is made. The revenues or
other property pledged and thereafter received by the Housing
Corporation shall immediately be subject to the lien of the
pledge without any physical delivery thereof or further act. The
lien of any pledge shall be valid and binding against all parties
having claims of any kind in tort, contract, or otherwise against
the Housing Corporation, irrespective of whether such parties
have notice thereof. Neither the resolution, the indenture nor any
other instrument by which a pledge is created need be recorded.
Frequently Asked Questions About Guam § 4106
What does Guam Code Annotated § 4106 cover?
Section 4106 ("Validity of Pledge.") 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 § 4106?
A common citation format is "Guam Code Annotated § 4106" (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 § 4106 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.