Terms Used In 18 Guam Code Ann. § 38105

  • Contract: A legal written agreement that becomes binding when signed.
  • Lien: A claim against real or personal property in satisfaction of a debt.
L120106
18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 38 RESPONDENTIA

The owner of a ship is bound to repay to the owner of its cargo all which the latter is compelled to pay, under a contract of respondentia made by the master, in order to discharge its lien.

SOURCE: CC § 3040.
NOTE: No 1970 Civil Code Ԥ 3041-3045 existed.

———–

COL120106
18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 38 RESPONDENTIA

COL120106