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Terms Used In 21 Guam Code Ann. § 1267

  • Devise: To gift property by will.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
The sale, gift, or devise to aliens of lands in Guam is prohibited, except as provided in § 1204 of this Title.

SOURCE: CC § 718.

NOTE: Pursuant to the authority granted by § 1606, reference was altered to reflect the existing codification structure.

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SUBPART E ACCUMULATION

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