18 Guam Code Ann. § 27301
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Terms Used In 18 Guam Code Ann. § 27301
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
A limited partnership may carry on any business which a partnership without limited partners may carry on, except banking and insurance.
SOURCE: CC § 2479.