Guam § 50251 - Creditors, Paid Pro Rata.

Full text of Guam Guam Code Annotated § 50251 — Creditors, Paid Pro Rata., with citation guidance and answers to common questions.

§ 50251. Creditors, Paid Pro Rata.

All creditors, except those whose claims are mentioned in the next

following section, whose debts are duly proved and allowed, shall be

entitled to share in the property and estate pro rata, after the property

belonging to other persons referred to in the last preceding section has been

deducted therefrom, without priority or preference whatever; provided, that

any debt proved by any person liable as bail, surety, guarantor, or otherwise,

for the debtor, shall not be paid to the person so proving the same until

satisfactory evidence shall be produced of the payment of such debt by such

person so liable, and the share to which such debt would be entitled may be

paid into court, or otherwise held, for the benefit of the party entitled

thereto, as the court may direct.

COL120106

Source: official Guam text · Last verified 2026-08-27

Frequently Asked Questions About Guam § 50251

What does Guam Code Annotated § 50251 cover?

Section 50251 ("Creditors, Paid Pro Rata.") 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 § 50251?

A common citation format is "Guam Code Annotated § 50251" (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 § 50251 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.