18 GCA § 31603

Rescission of Alteration

Guam Code AnnotatedTitle 18 — Business Structure and Function

The rescission of an agreement altering the original obligation of a debtor, or impairing the remedy of a creditor, does not restore the liability of a guarantor who has been exonerated by such agreement.

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