Terms Used In 18 Guam Code Ann. § 62208

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
If a consignee does not accept and remove freight within a reasonable time after the carrier has fulfilled his obligation to deliver, or duly offered to fulfill the same, the carrier may exonerate himself from further liability by placing the freight in the custom house or in a suitable warehouse, on storage, on account of the consignee, and giving notice thereof to him.

SOURCE: CC § 2121.

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NOTE: Article III, Bills of Lading, was repealed in its entirety, by P.L. 13-150:5 and replaced by appropriate parts of Title 13 of this Code (UCC).

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ARTICLE 4
FREIGHTAGE