13 GCA § 8309

Effect of Indorsement Without Delivery

Guam Code AnnotatedTitle 13 — Uniform Commercial Code

An indorsement of a security whether special or in blank does not constitute a transfer until delivery of the security on which it appears or if the indorsement is on a separate document until delivery of both the document and the security.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.