Guam § 41508 - Ownership Going to Finder.
Full text of Guam Guam Code Annotated § 41508 — Ownership Going to Finder., with citation guidance and answers to common questions.
§ 41508. Ownership Going to Finder.
If no owner appears within three months after such finding or saving
and offers reasonable proof of his ownership, and compensates, or in good
faith, offers to compensate, the finder or saver for the expense necessarily
incurred by him, then such property vests in such finder or saver, unless it is
of greater value than $20.00. If of such greater value, then he must publish a
copy of such verified list for three successive weeks on the public bulletin
boards in Agana and those nearest the place where the object was found,
and if the owner does not, within one year after the completion of such
publication, prove the property and pay, or in good faith, offer to pay all
charges thereon, the title thereto vests in such finder or saver. If the finder or
saver of property does not comply with the provisions of § 41502, or if,
though he does so comply, he refuses to surrender the property to an owner
who has made reasonable proof of ownership, and paid, or in good faith
offered to pay, all legal charges thereon, he is liable to the owner for double
the value of the property, and the owner may exonerate himself from all
liability arising out of such property by surrendering, or offering to
surrender it, in satisfaction thereof.
Frequently Asked Questions About Guam § 41508
What does Guam Code Annotated § 41508 cover?
Section 41508 ("Ownership Going to Finder.") 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 § 41508?
A common citation format is "Guam Code Annotated § 41508" (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 § 41508 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.