18 Guam Code Ann. § 21402
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Terms Used In 18 Guam Code Ann. § 21402
- Lien: A claim against real or personal property in satisfaction of a debt.
Without special authority a ship’s manager cannot borrow money or give up the lien for freightage, or purchase a cargo, or bind the owners of the ship to an insurance.
SOURCE: CC § 2389.
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ARTICLE 5
DURABLE POWER OF ATTORNEY