Guam § 50454 - No Discharge Created by Fraud or Embezzlement.

Full text of Guam Guam Code Annotated § 50454 — No Discharge Created by Fraud or Embezzlement., with citation guidance and answers to common questions.

§ 50454. No Discharge Created by Fraud or Embezzlement.

No debt created by the fraud or embezzlement of the debtor, or by his

defalcation as a public officer or while acting in a fiduciary capacity, shall

be discharged under this Chapter, but the debt may be proved, and the

dividend thereon shall be a payment on account of said debt. No discharge

granted under this Chapter shall release, discharge, or affect any person

liable for the same debt, for or with the debtor, either as partner, joint

contractor, endorser, surety, or otherwise.

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

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Frequently Asked Questions About Guam § 50454

What does Guam Code Annotated § 50454 cover?

Section 50454 ("No Discharge Created by Fraud or Embezzlement.") 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 § 50454?

A common citation format is "Guam Code Annotated § 50454" (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 § 50454 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.