Guam § 50205 - Filing of Schedule and Inventory.
Full text of Guam Guam Code Annotated § 50205 — Filing of Schedule and Inventory., with citation guidance and answers to common questions.
§ 50205. Filing of Schedule and Inventory.
The assignee shall, within one (1) month after the making of the
assignment to him, cause the same to be recorded in the registry of lands,
etc., and the record of such assignment, or a duly certified copy thereof,
shall be conclusive evidence thereof in all courts. If the schedule and
inventory required by this section have not been filed by the debtor, the
assignee shall within one (1) month after his election, prepare and file such
schedule and inventory from the best information he can obtain, and shall
thereupon personally deliver notice or send same by registered mail,
postage prepaid, to all creditors named in such schedule, whose claims have
not been filed, to forthwith prove their demands.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 50205
What does Guam Code Annotated § 50205 cover?
Section 50205 ("Filing of Schedule and Inventory.") 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 § 50205?
A common citation format is "Guam Code Annotated § 50205" (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 § 50205 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.