Guam § 81103 - Nonnegotiable Instruments may be Transferred.
Full text of Guam Guam Code Annotated § 81103 — Nonnegotiable Instruments may be Transferred., with citation guidance and answers to common questions.
§ 81103. Nonnegotiable Instruments may be Transferred.
A nonnegotiable written contract for the payment of money or personal
property may be transferred by endorsement, in like manner with negotiable
instruments. Such endorsement shall transfer all the rights of the assignor
under the instrument to the assignee, subject to all equities and defenses
existing in favor of the maker at the time of the endorsement.
Frequently Asked Questions About Guam § 81103
What does Guam Code Annotated § 81103 cover?
Section 81103 ("Nonnegotiable Instruments may be Transferred.") 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 § 81103?
A common citation format is "Guam Code Annotated § 81103" (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 § 81103 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.