Executory Consideration. — Guam Code § 85506
Guam Code § 85506 — Executory Consideration.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 85506. Executory Consideration.
When a consideration is executory, it is not indispensable that the
contract should specify its amount or the means of ascertaining it. It may be
left to the decision of a third person, or regulated by any specified standard.
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 85506
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Executory Consideration.
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Guam Code Annotated. Confirm it against the primary source before relying on it:
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Common questions
What is the source of Guam Code Annotated § 85506?
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 § 85506 address?
It addresses "Executory Consideration.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Guam Code Annotated § 85506 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Statutes are amended, repealed, and renumbered every session.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.