18 GCA § 21302

Authority to Borrow

Guam Code AnnotatedTitle 18 — Business Structure and Function

The master of a ship has authority to borrow money on the credit of its owner, if it necessary to enable him to complete the voyage, and if neither the owner nor his proper agent for such matters can be consulted without injurious delay.

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