18 Guam Code Ann. § 82207
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Terms Used In 18 Guam Code Ann. § 82207
- 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.
When an obligation does not fix the time for its performance, an offer of performance may be made at any time before the debtor, upon a reasonable demand, has refused to perform.
SOURCE: CC § 1491.