T·R
← Search

7 GCA § 50300

Partnerships

Guam Code AnnotatedTitle 7 — Judiciary and Civil Procedure
View official PDF ↗

A partnership, during the continuation of the partnership business, or during its dissolution until final settlement thereof, may be adjudged insolvent, either upon the petition of the partners, or any one of them, or upon petition of two or more creditors of the partnership qualified as provided in § 50150 of this Chapter. The court shall issue an order appointing a receiver therefor and rendering the property of the partnership and the separate property of each of the partners liable in accordance with the provisions of this Chapter and in accordance with the provisions of the Civil Code.

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