18 GCA § 25201

Partnership Defined

Guam Code AnnotatedTitle 18 — Business Structure and Function

(1)A partnership is an association of two or more persons to carry on as co-owners a business for profit and includes a registered limited liability partnership.

(2)But any association formed under any other law of Guam or any law adopted by authority, other than the authority of this government, is not a partnership under this Chapter, unless such association would have been a partnership in Guam prior to 1934; but this law shall apply to special partnerships except insofar as the law relating to such partnerships is inconsistent herewith.

§ The story of this section

Amended by P.L. 23-65 § 2 — introduced as Bill 257-23 · introduced by Felix P. Camacho + 2 cosponsors

Interpreted by the courts:

2012 Guam 4 — Joseph T. Duenas, as administrator for the Estate of Rosario T. Quichocho, Plaintiff-Appellee v. George and Matilda Kall (2012) · per Katherine A. Maraman, J.

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