Guam § 50353 - Persons Liable as Surety, Etc., for Debtor.
Full text of Guam Guam Code Annotated § 50353 — Persons Liable as Surety, Etc., for Debtor., with citation guidance and answers to common questions.
§ 50353. Persons Liable as Surety, Etc., for Debtor.
Any person liable as bail, surety, or guarantor, or otherwise, for the
debtor, who shall have paid the debt, or any part thereof, in discharge of the
whole, shall be entitled to prove such debt, or to stand in the place of the
creditor, if he shall have proved the same, although such payments shall
have been made after the proceedings in insolvency were commenced; and
any person so liable for the debtor, and who has not paid the whole of said
debt, but is still liable for the same, or any part thereof, may, if the creditor
shall fail or omit to prove such debt, prove the same in the name of the
creditor.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 50353
What does Guam Code Annotated § 50353 cover?
Section 50353 ("Persons Liable as Surety, Etc., for Debtor.") 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 § 50353?
A common citation format is "Guam Code Annotated § 50353" (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 § 50353 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.