22 Guam Code Ann. § 18205
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Terms Used In 22 Guam Code Ann. § 18205
- Contract: A legal written agreement that becomes binding when signed.
Except in the case of property held by the insured as a carrier or depository, the measure of an insurable interest in property is the extent to which the insured might be damnified by loss of, or injury to, the property.
SOURCE: GC § 43329.
22 Guam Code Ann. BUSINESS REGULATIONS
CH. 18 THE CONTRACT OF INSURANCE