Definitions. — Guam Code § 23401
Guam Code § 23401 — Definitions.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 23401. Definitions.
For purposes of this Article:
(a) Assets means any item of economic value owned
by a person as defined in this Section. Examples include,
but are not limited to, cash, securities, accounts receivable,
inventory, office equipment, real estate, a car, and other
property.
(b) Judgment creditor means a party to which a debt
is owed, that has proved the debt in a legal proceeding, and
that is entitled to use judicial process to collect the debt; the
owner of an unsatisfied court decision.
(c) Judgment debtor means one who is obligated to
pay a debt or damages in accordance with a judgement
entered by a court.
(d) Person can include, but is not limited to, a natural
person, firms, labor organizations, partnerships,
associations, corporations, legal entities, legal
representatives, or trustees.
COL6/5/2019
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 23401
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Definitions.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Guam Code Annotated. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Guam attorney.
Common questions
What is the source of Guam Code Annotated § 23401?
The text above is transcribed from the Guam Code Annotated, the codified statutes of Guam. The official publisher link appears under "Verify the text" on this page.
What subject does Guam Code Annotated § 23401 address?
It addresses "Definitions.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Guam Code Annotated § 23401 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Guam source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Guam law to your facts requires a licensed Guam attorney who can review the specifics.