Guam § 82502 - Modes of Novation.
Full text of Guam Guam Code Annotated § 82502 — Modes of Novation., with citation guidance and answers to common questions.
§ 82502. Modes of Novation.
Novation is made:
1. By the substitution of a new obligation between the same
parties, with intent to extinguish the old obligation;
2. By the substitution of a new debtor in place of the old one, with
intent to release the latter; or
3. By the substitution of a new creditor in place of the old one,
with intent to transfer the rights of the latter to the former.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 82502
What does Guam Code Annotated § 82502 cover?
Section 82502 ("Modes of Novation.") 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 § 82502?
A common citation format is "Guam Code Annotated § 82502" (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 § 82502 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.