18 Guam Code Ann. § 3211
Terms Used In 18 Guam Code Ann. § 3211
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
- Summons: Another word for subpoena used by the criminal justice system.
No action can be sustained to recover stock sold for delinquent unpaid subscription upon the ground of irregularity or defect in the calls for such unpaid subscription, or irregularity or defect in the notice of delinquency and sale, or in the sale itself of stock for unpaid subscription, unless the party seeking to maintain such action first pays or tenders to the party holding the stock the sum for which the same was sold, together with all subsequent calls which may have been paid upon the stock so sold, with interest from the date of payment at the rate of seven (7) percentum, and no such action shall be maintained unless it is commenced by the filing of a complaint and the issuance of summons within six (6) months from date of sale.
SOURCE: CC § 338.