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12 GCA § 4206

Limitations on Interest Free Loans

Guam Code AnnotatedTitle 12 — Autonomous Agencies
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The total of Interest Free Loans and loans and grants provided for in § 4206.1 shall not exceed Forty Thousand Dollars ($40,000) per applicant. The total Loan to Value Ratio of the combined Financial Institution loan and the Interest Free Loan shall not exceed Ninety-Five Percent (95%) of the lower of the appraised value or the selling price.

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