18 GCA § 31303

Recovery of Guaranty

Guam Code AnnotatedTitle 18 — Business Structure and Function

A guaranty, such as is mentioned in the last section, is not discharged by an omission to take proceedings upon the principal debt, or upon any collateral security for its payment, if no part of the debt could have been collected thereby.

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